Welfare Benefits of Agglomeration and Worker Heterogeneity

Ioulia Ossokina, Coen Teulings and Henri de Groot

No 289, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis

Abstract: 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. Read also CPB Policy Brief 2014/10 (Publication in Dutch). 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.

JEL-codes: H4 H54 R13 R23 R4 (search for similar items in EconPapers)
Date: 2014-12
New Economics Papers: this item is included in nep-geo, nep-pbe and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Welfare Benefits of Agglomeration and Worker Heterogeneity (2014)
Working Paper: Welfare Benefits of Agglomeration and Worker Heterogeneity (2014)
Working Paper: Welfare Benefits of Agglomeration and Worker Heterogeneity (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:289

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