| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14819 |
| DP14819 Spatial Economics for Granular Settings | |
| Jonathan Dingel; Felix Tintelnot | |
| 发表日期 | 2020-05-27 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We introduce a general-equilibrium model of a "granular" spatial economy populated by a finite number of people. Our quantitative model is designed for application to the growing body of fine spatial data used to study economic outcomes for regions, cities, and neighborhoods. Conventional approaches invoking the law of large numbers are ill-suited for such empirical settings. We evaluate quantitative spatial models' out-of-sample predictions using event studies of large office openings in New York City. Our granular framework improves upon the conventional continuum-of-individuals model, which perfectly fits the pre-event data but produces predictions uncorrelated with the observed changes in commuting flows. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Commuting Granularity Gravity equation Quantitative spatial economics |
| URL | https://cepr.org/publications/dp14819 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543752 |
| 推荐引用方式 GB/T 7714 | Jonathan Dingel,Felix Tintelnot. DP14819 Spatial Economics for Granular Settings. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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