Unpacking Aggregate Welfare in a Spatial Economy
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https://www.nber.org/papers/w34075
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资源简介:
How do regional productivity shocks or transportation infrastructure improvements affect aggregate welfare? In a general class of spatial equilibrium models, we provide a formula for aggregate welfare changes, decomposed into terms associated with (i) technology (Fogel 1964, Hulten 1978), (ii)
提供机构:
美国国家经济研究局
创建时间:
2025-07-01



