Spatial development

Arbeitspapier

We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the evolution of economic activity over time and space. We apply the model to study the evolution of the U.S. economy in the last few decades and find that the model can generate the reduction in the employment share in manufacturing, the increase in service productivity in the second part of the 1990s, the increase in land rents in the same period, as well as several other spatial and temporal patterns.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 2010,26

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Business Fluctuations; Cycles ; Macroeconomic Analyses of Economic Development ; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure ; Technological Change: Choices and Consequences; Diffusion Processes ; Size and Spatial Distributions of Regional Economic Activity
• Thema: Dynamic Spatial Models ; Growth ; Innovation ; Land Rent Evolution ; Structural Transformation ; Technology Diffusion ; Trade ; Raumwirtschaftstheorie ; Regionale Entwicklung ; Innovationspolitik ; Regionaler Strukturwandel ; USA

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Desmet, Klaus ; Rossi-Hansberg, Esteban
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/43442
• Letzte Aktualisierung: 20.09.2024, 08:23 MESZ