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Provedor de dados:  AgEcon
País:  United States
Título:  Spatial Development
Autores:  Desmet, Klaus
Rossi-Hansberg, Esteban
Data:  2010-03-29
Ano:  2010
Palavras-chave:  Dynamic Spatial Models
Growth
Innovation
Land Rent Evolution
Structural Transformation
Technology Diffusion
Trade
Community/Rural/Urban Development
E32
O11
O18
O33
R12
Resumo:  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.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  http://purl.umn.edu/59852
Relação:  Fondazione Eni Enrico Mattei (FEEM)>Global Challenges Papers
GC
26.2010
Formato:  47
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