|
EconStor >
Philipps-Universität Marburg >
Faculty of Business Administration and Economics, Philipps-Universität Marburg >
MAGKS Joint Discussion Paper Series in Economics, Universität Marburg >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/56547
|
| | |
| Title: | | Agglomeration, congestion, and regional unemployment disparities  |
| Authors: | | Zierahn, Ulrich |
| Issue Date: | | 2011 |
| Series/Report no.: | | Joint discussion paper series in economics 06-2011 |
| Abstract: | | Regional labor markets are characterized by huge disparities of unemployment rates. Models of the New Economic Geography explain how disparities of regional goods markets endogenously arise but usually assume full employment. This paper discusses regional unemployment disparities by introducing a wage curve based on efficiency wages into the New Economic Geography. The model shows how disparities of regional goods and labor markets endogenously arise through the interplay of increasing returns to scale, transport costs, congestion costs, and migration. In result, the agglomeration pattern might be catastrophic or smooth depending on congestion costs. The transition between both patterns is smooth. |
| Subjects: | | regional unemployment New Economic Geography core-periphery wage curve labor migration |
| JEL: | | J64 R12 R23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | MAGKS Joint Discussion Paper Series in Economics, Universität Marburg
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/56547
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|