Spatial Development

Publication:
Spatial Development

dc.affiliation.dpto	UC3M. Departamento de Economía	es
dc.contributor.author	Desmet, Klaus
dc.contributor.author	Rossi-Hansberg, Esteban
dc.date.accessioned	2009-07-15T15:57:47Z
dc.date.available	2009-07-15T15:57:47Z
dc.date.issued	2009
dc.description.abstract	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 di¤uses 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 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.
dc.format.mimetype	application/pdf
dc.identifier.uri	https://hdl.handle.net/10016/4809
dc.language.iso	eng
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Economía
dc.title	Spatial Development
dc.type	working paper	*
dspace.entity.type	Publication