Arbeitspapier
Welfare Benefits of Agglomeration and Worker Heterogeneity
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these effects. The model is estimated using data on transport infrastructure, commuting behavior, wages, land use and land rents for 3000 ZIP-codes in the Netherlands and for three levels of education. Welfare benefits are shown to differ sharply by workers' educational attainment.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 4939
- Klassifikation
-
Wirtschaft
Publicly Provided Goods: General
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
General Equilibrium and Welfare Economic Analysis of Regional Economies
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Transportation Economics: General
- Thema
-
local public goods
agglomeration
spatial equilibrium
residential sorting
land rents
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Teulings, Coenraad N.
Ossokina, Ioulia V.
de Groot, Henri L.F.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Teulings, Coenraad N.
- Ossokina, Ioulia V.
- de Groot, Henri L.F.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2014