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Economic Activity Across Space: A Supply and Demand Approach / Treb Allen, Costas Arkolakis.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Allen, Treb.
Contributor:
National Bureau of Economic Research.
Arkolakis, Costas.
Series:
Working Paper Series (National Bureau of Economic Research) no. w30598.
NBER working paper series no. w30598
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2022.
Summary:
What do recent advances in economic geography teach us about the spatial distribution of economic activity? We show that the equilibrium distribution of economic activity can be determined simply by the intersection of labor supply and demand curves. We discuss how to estimate these curves and highlight the importance of global geography - i.e. the connections between locations through the trading network - in determining how various policy relevant changes to geography shape the spatial economy.
Notes:
Print version record
October 2022.

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