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ESTIMATING A DYNAMIC SPATIAL EQUILIBRIUM MODEL TO EVALUATE THE WELFARE IMPLICATIONS OF REGIONAL ADJUSTMENT PROCESSES: THE DECLINE OF THE RUST BELT : ESTIMATING A DYNAMIC SPATIAL EQUILIBRIUM MODEL TO EVALUATE THE WELFARE IMPLICATIONS OF REGIONAL ADJUSTMENT PROCESSES: THE DECLINE OF THE RUST BEL
DC Field | Value | Language |
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dc.contributor.author | Yoon, Cham Na | - |
dc.date.accessioned | 2024-05-02T04:50:19Z | - |
dc.date.available | 2024-05-02T04:50:19Z | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.created | 2022-10-31 | - |
dc.date.issued | 2017-05 | - |
dc.identifier.citation | International Economic Review, Vol.58 No.2, pp.473-497 | - |
dc.identifier.issn | 0020-6598 | - |
dc.identifier.uri | https://hdl.handle.net/10371/200345 | - |
dc.description.abstract | © (2017) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research AssociationThis article develops and estimates a new dynamic spatial equilibrium model to study the regional transition dynamics and its impact on individual and aggregate welfare. The model consists of a multiregion, multisector economy comprised of overlapping generations of individuals with heterogeneous skills and mobility costs. The empirical findings suggest that a large fraction of the decline of the Rust Belt can be attributed to the reduction in its region-specific comparative advantage in the goods-producing sector. This decline generated significant differences in welfare across regions. Policy experiments show that such inequality can be significantly reduced through place-based policies. | - |
dc.language | 영어 | - |
dc.publisher | Blackwell Publishing Inc. | - |
dc.title | ESTIMATING A DYNAMIC SPATIAL EQUILIBRIUM MODEL TO EVALUATE THE WELFARE IMPLICATIONS OF REGIONAL ADJUSTMENT PROCESSES: THE DECLINE OF THE RUST BELT | - |
dc.title.alternative | ESTIMATING A DYNAMIC SPATIAL EQUILIBRIUM MODEL TO EVALUATE THE WELFARE IMPLICATIONS OF REGIONAL ADJUSTMENT PROCESSES: THE DECLINE OF THE RUST BEL | - |
dc.type | Article | - |
dc.identifier.doi | 10.1111/iere.12224 | - |
dc.citation.journaltitle | International Economic Review | - |
dc.identifier.wosid | 000402277700006 | - |
dc.identifier.scopusid | 2-s2.0-85020033261 | - |
dc.citation.endpage | 497 | - |
dc.citation.number | 2 | - |
dc.citation.startpage | 473 | - |
dc.citation.volume | 58 | - |
dc.description.isOpenAccess | N | - |
dc.contributor.affiliatedAuthor | Yoon, Cham Na | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.subject.keywordPlus | LABOR-MARKET | - |
dc.subject.keywordPlus | RESIDENTIAL LAND | - |
dc.subject.keywordPlus | DISCRETE-CHOICE | - |
dc.subject.keywordPlus | UNITED-STATES | - |
dc.subject.keywordPlus | GROWTH | - |
dc.subject.keywordPlus | WAGE | - |
dc.subject.keywordPlus | US | - |
dc.subject.keywordPlus | LIBERALIZATION | - |
dc.subject.keywordPlus | HETEROGENEITY | - |
dc.subject.keywordPlus | DECISIONS | - |
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