Arbeitspapier
Increasing returns and spatial unemployment disparities
Standard models of the new trade and location theories usually assume full employment and are thus ill-equipped to study spatial unemployment differences, which in reality are more pronounced that income disparities. Regional labour market theories like the ´wage curve´-approach on the other hand can not endogenously explain the origin of regional economic disparities. We analyse regional agglomeration and regional unemployment in an unified approach by combining a wage curve with an increasing returns technology. We find that regional unemployment rates closely resemble the coreperiphery structure of regional GDP per capita. This matches the stylised facts from EU-15.
- Sprache
-
Englisch
- Erschienen in
-
Series: Diskussionsbeiträge ; No. 117
Regionale Disparität
Regionale Lohnstruktur
Effizienzlohn
Regionalökonomik
Skalenertrag
Theorie
EU-Staaten
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Suedekum, Jens
- Georg-August-Universität Göttingen, Volkswirtschaftliches Seminar
Entstanden
- 2003