The comparative advantage of cities
Abstract
What determines the distributions of skills, occupations, and industries across cities? We develop a theory to jointly address these fundamental questions about the spatial organization of economies. Our model incorporates a system of cities, their internal urban structures, and a high-dimensional theory of factor-driven comparative advantage. It predicts that larger cities will be skill-abundant and specialize in skill-intensive activities...
Paper Details
Title
The comparative advantage of cities
Published Date
Mar 1, 2020
Volume
123
Pages
103291 - 103291
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