Tag Archives: Agglomeration

Macroeconomic Implications of Agglomeration

From Morris Davis, Jonas Fisher, and Toni Whited: Cities exist because of the productivity gains that arise from clustering production and workers, a process called agglomeration. How important is agglomeration for aggregate growth? This paper constructs a dynamic stochastic general … Continue reading

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Agglomeration, Segregation and Social Networks

From Elizabeth Ananat, Shihe Fu, and Stephen Ross: We document that wages of nonwhites, and particularly of blacks, appear to rise less with agglomeration of employment and concentrations of human capital than do white wages. For blacks, this pattern holds even though … Continue reading

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Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority

Here’s an interesting paper from Pat Kline and Enrico Moretti on local economic development, agglomeration, and the Big Push. We study the long run effects of one of the most ambitious place based economic development policies in U.S. history: the … Continue reading

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