Geographic concentration and establishment size: analysis in an alternative economic geography model

Thomas Holmes (holmes@umn.edu) and John Stevens (john.j.stevens@frb.gov)

No 2002-17, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Big cities specialize in services rather than manufacturing. Big-city establishments in services are larger than the national average while those in manufacturing are smaller. This paper proposes an explanation of these and other facts. The theory is developed in an economic geography model that is an alternative to the standard Dixit-Stiglitz structure. In our tractable structure that has potentially wider application, firms have monopoly power in local markets, but are price takers in export markets.

Keywords: Regional economics; Service industries (search for similar items in EconPapers)
Date: 2002
New Economics Papers: this item is included in nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.federalreserve.gov/pubs/feds/2002/200217/200217abs.html (text/html)
http://www.federalreserve.gov/pubs/feds/2002/200217/200217pap.pdf (application/pdf)

Related works:
Journal Article: Geographic concentration and establishment size: analysis in an alternative economic geography model (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfe:2002-17

Access Statistics for this paper

More papers in Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier (ryan.d.wolfslayer@frb.gov).