The Geography of Development

被引:91
作者
Desmet, Klaus [1 ]
Krisztian Nagy, David [2 ]
Rossi-Hansberg, Esteban [3 ]
机构
[1] Southern Methodist Univ, Dallas, TX 75275 USA
[2] Ctr Recerca Econ Int, Barcelona, Spain
[3] Princeton Univ, Princeton, NJ 08544 USA
关键词
INCOME; AGGLOMERATION; PRODUCTIVITY; QUALITY; LIFE;
D O I
10.1086/697084
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced-growth path and propose a methodology to analyze equilibria with different levels of migration frictions. Different migration scenarios change local market size, innovation incentives, and the evolution of technology. We bring the model to the data for the whole world economy at a 1 degrees x 1 degrees geographic resolution. We then use the model to quantify the gains from relaxing migration restrictions. Our results indicate that fully liberalizing migration would increase welfare about threefold and would significantly affect the evolution of particular regions of the world.
引用
收藏
页码:903 / 983
页数:81
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