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	Provedor de dados AgEcon (2) Autor Bayer, Patrick (2) Timmins, Christopher (2) Palavra-chave Agglomeration (2) Congestion (2) Discrete choice models (2) Economic geography (2) Endogenous sorting (2) Local spillovers (2) Natural advantage (2) R0 (2) R2 (2) R3 (2) Social interactions (2) H0 (1) H7 (1) Industrial Organization (1) Institutional and Behavioral Economics (1) Location choice (1) Network effects (1) Random utility (1) Mais... Tipo do documento Working or Discussion Paper (2) Ano 2003 (2) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última A Note on the Equilibrium Properties of Locational Sorting Models AgEcon Bayer, Patrick; Timmins, Christopher. A central feature of many models of location choice – whether of firms or households, within or across cities – is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the same or nearby locations in equilibrium. The main goal of this paper is to develop the equilibrium properties of a broadly applicable and readily estimable class of sorting models that allow the location decision to depend on both fixed local attributes (including unobserved attributes) and such local interactions. In particular, we prove uniqueness in the case of congestion effects and use a series of simulations to demonstrate that a unique equilibrium is more... Tipo: Working or Discussion Paper Palavras-chave: Local spillovers; Social interactions; Economic geography; Natural advantage; Endogenous sorting; Discrete choice models; Agglomeration; Congestion; Random utility; Industrial Organization; H0; R0; R2; R3. Ano: 2003 URL: http://purl.umn.edu/28378 Estimating Equilibrium Models of Sorting Across Locations AgEcon Bayer, Patrick; Timmins, Christopher. With the growing recognition of the role played by geography in all sorts of economic problems, there is strong interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms of specific types). It is well-understood, however, that such spillovers cannot be distinguished from unobservable local attributes using just the observed location decisions of individuals or firms. We propose an empirical strategy for recovering estimates of spillovers in the presence of unobserved local attributes for a broadly applicable class of equilibrium sorting models. This approach relies on an instrumental variables strategy derived from the internal... Tipo: Working or Discussion Paper Palavras-chave: Local spillovers; Location choice; Economic geography; Natural advantage; Social interactions; Network effects; Endogenous sorting; Discrete choice models; Agglomeration; Congestion; Institutional and Behavioral Economics; H7; R0; R2; R3. Ano: 2003 URL: http://purl.umn.edu/28448 Registros recuperados: 2 Primeira ... 1 ... Última

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