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来源类型Working Paper
规范类型报告
DOI10.3386/w24632
来源IDWorking Paper 24632
Optimal Spatial Policies, Geography and Sorting
Pablo Fajgelbaum; Cecile Gaubert
发表日期2018-05-21
出版年2018
语种英语
摘要We study optimal spatial policies in a quantitative trade and geography framework with spillovers and spatial sorting of heterogeneous workers. We characterize the spatial transfers that must hold in efficient allocations, as well as labor subsidies that can implement them. There exists scope for welfare-enhancing spatial policies even when spillovers are common across locations. Using data on U.S. cities and existing estimates of the spillover elasticities, we find that the U.S. economy would benefit from a reallocation of workers to currently low-wage cities. The optimal allocation features a greater share of high skill workers in smaller cities relative to the observed allocation. Inefficient sorting may lead to substantial welfare costs.
主题International Economics ; Trade ; Public Economics ; Taxation ; Subnational Fiscal Issues ; Regional and Urban Economics ; Regional Economics
URLhttps://www.nber.org/papers/w24632
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582306
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GB/T 7714
Pablo Fajgelbaum,Cecile Gaubert. Optimal Spatial Policies, Geography and Sorting. 2018.
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