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来源类型Working Paper
规范类型报告
DOI10.3386/w21087
来源IDWorking Paper 21087
The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding
Klaus Desmet; Dávid Krisztián Nagy; Esteban Rossi-Hansberg
发表日期2015-04-13
出版年2015
语种英语
摘要We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We bring the model to the data for the whole world economy at a 1°×1° geographic resolution. We then use the model to quantify the gains from relaxing migration restrictions as well as to describe the evolution of the distribution of economic activity in the different migration scenarios. Our results indicate that fully liberalizing migration would increase welfare more than three-fold and would significantly affect the evolution of particular regions in the world. We then use the model to study the effect of a spatial shock. We focus on the example of a rise in the sea level and find that coastal flooding can have an important impact on welfare by changing the geographic-dynamic path of the world economy.
主题Macroeconomics ; Consumption and Investment ; International Economics ; Trade ; International Factor Mobility ; International Macroeconomics ; Development and Growth ; Development ; Growth and Productivity ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w21087
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/578762
推荐引用方式
GB/T 7714
Klaus Desmet,Dávid Krisztián Nagy,Esteban Rossi-Hansberg. The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding. 2015.
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