Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19334| Title: | New economic geography in Germany : testing the Helpman-Hanson model |
| Keywords: | R10 R12 R23 ddc:330 economic geography empirical estimation Germany Neue ökonomische Geographie Raumwirtschaftstheorie Regionale Konzentration Interindustrielle Verflechtung Neue Außenhandelstheorie Regionale Lohnstruktur Schätzung Regionaler Arbeitsmarkt Bodenpreis Theorie Deutschland |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | In this paper we find evidence that the new economic geography approach is able to describe and explain the spatial characteristics of an economy, in our case the German economy. Using German district data we estimate the structural parameters of a new economic geography model as developed by Helpman (1998) and Hanson (1998) and we find confirmation for a spatial wage structure. The advantage of the Helpman-Hanson model is that it incorporates the fact that agglomeration of economic activity increases the prices of local (non-tradable) services, like housing. This model thereby provides an intuitively appealing spreading force that allows for less extreme agglomeration patterns than predicted by the bulk of new economic geography models. Based on different estimation strategies and taking a number of features of the re-unified German economy into account, we do not only test for the spatial distribution of wages but also for the spatial structure with respect to German unemployment, employment and land prices. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19334 |
| Other Identifiers: | http://hdl.handle.net/10419/19334 ppn:341673706 RePEc:zbw:hwwadp:26183 |
| Appears in Collections: | EconStor |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.