| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20538 |
| 来源ID | Working Paper 20538 |
| Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis | |
| Simeon Alder; David Lagakos; Lee Ohanian | |
| 发表日期 | 2014-10-06 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | No region of the United States fared worse over the postwar period than the "Rust Belt," the heavy manufacturing region bordering the Great Lakes. This paper hypothesizes that the Rust Belt declined in large part due to a lack of competitive pressure in its labor and output markets. We formalize this thesis in a two-region dynamic general equilibrium model, in which productivity growth and regional employment shares are determined by the extent of competition. Quantitatively, the model accounts for much of the large secular decline in the Rust Belt's employment share before the 1980s, and the relative stabilization of the Rust Belt since then, as competitive pressure increased. |
| 主题 | Macroeconomics ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity |
| URL | https://www.nber.org/papers/w20538 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578212 |
| 推荐引用方式 GB/T 7714 | Simeon Alder,David Lagakos,Lee Ohanian. Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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