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.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 14-101/VI

Classification
Wirtschaft
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
Subject
local public goods
agglomeration
spatial equilibrium
residential sorting
land rents

Event
Geistige Schöpfung
(who)
Teulings, Coen
Ossokina, Ioulia
de Groot, Henri L.F.
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Teulings, Coen
  • Ossokina, Ioulia
  • de Groot, Henri L.F.
  • Tinbergen Institute

Time of origin

  • 2014

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