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Acquisition of skills, education subsidies, and agglomeration of firms

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dc.creator Toulemonde, Eric
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:13Z
dc.date.available 2013-10-16T07:09:13Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20176
dc.identifier ppn:374501971
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20176
dc.description An analytically solvable model of new economic geography is developed. Acquisition of skills is costly for workers but it allows them to earn wages that are larger than those of the unskilled. Moreover, skills acquisition can be subsidized by a regional government. For large transport costs, firms spread more or less evenly between regions, their precise location being determined by the level of education subsidies. For low transport costs, firms agglomerate in one region. We also identify equilibria with partial agglomeration of firms. Finally, we show that the incentives to subsidy education largely depend on the level of transport costs.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 939
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J51
dc.subject R12
dc.subject F15
dc.subject F12
dc.subject ddc:330
dc.subject economic geography
dc.subject education
dc.subject subsidies
dc.subject Neue ökonomische Geographie
dc.subject Bildungsinvestition
dc.subject Bildungsfinanzierung
dc.subject Subvention
dc.subject Transportkosten
dc.subject Regionale Konzentration
dc.subject Standorttheorie
dc.subject Theorie
dc.title Acquisition of skills, education subsidies, and agglomeration of firms
dc.type doc-type:workingPaper


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