Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Economics
Essays On The Application And Improvement Of The Geographical Economics Models To Policy Analysis: The Case Of Road Infrastructure In Central America, Ignacio Penagos
Essays On The Application And Improvement Of The Geographical Economics Models To Policy Analysis: The Case Of Road Infrastructure In Central America, Ignacio Penagos
Economics Theses and Dissertations
The novel models of Geographical Economy have analyzed the effects on the distribution of economic activity over the area of a given region, generated by different socio-economic shocks. For example, the costs of migrating from one place to another, as shown in Desmet et al. (2018). A key advantage of such models is that, given the structural definition of the market interactions, they can first create counterfactual scenarios based on the economic fundamentals. And second, a broad set of variables can account for that impact. These dynamic spatial general equilibrium models embody features such as measures for amenities, trade and …