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Welfare Analysis of the Number and Locations of Local Public Facilities
(Vanderbilt University, 2000)
We develop a discrete or finite household model with congestable local public goods where the level of provision, the number of facilities and their locations are all endogenously determined in a purely normative context. ...
Knowledge Exchange Matching and Agglomeration
(Vanderbilt University, 2000)
Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. The main purpose ...
Production Externalities and Urban Configuration
(Vanderbilt University, 2000)
Jacobs (1969) argues that uncompensated knowledge spillovers have played a crucial role in population agglomeration and thus in the generation of cities. We explore this idea formally by extending the Romer (1986) model ...