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A Spatial Knowledge Economy
- Publication Year :
- 2012
-
Abstract
- Leading empiricists and theorists of cities have recently argued that the generation and exchange of ideas must play a more central role in the analysis of cities. This paper develops the first system of cities model with costly idea exchange as the agglomeration force. Our model replicates a broad set of established facts about the cross section of cities. It provides the first spatial equilibrium theory of why skill premia are higher in larger cities, how variation in these premia emerges from symmetric fundamentals, and why skilled workers have higher migration rates than unskilled workers when both are fully mobile.
- Subjects :
- Economics and Econometrics
education.field_of_study
Economies of agglomeration
05 social sciences
Population
jel:J61
jel:R1
Variation (game tree)
Spatial knowledge
Human capital
Spatial equilibrium
jel:F22
jel:J24
Economy
jel:F1
0502 economics and business
Economics
050207 economics
Empiricism
education
Set (psychology)
050205 econometrics
Subjects
Details
- Database :
- OpenAIRE
- Accession number :
- edsair.doi.dedup.....e2963d96d727836f382b5f94e982fbca