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DTSTART:20251102T020000
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DTSTART:20250301T020000
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DESCRIPTION:Lecture Title:&nbsp\; Spatial Development Authors: Klaus Desmet
 \, Universidad Carlos IIIEsteban Rossi-Hansberg\, Princeton University&nbs
 p\;Description: Please join us in 112 Eggers Hall in the Economics Departm
 ent for a lecture by Esteban Rossi-Hansberg\, co-author of "Spatial Develo
 pment". The authors present a theory of spatial development. A continuum o
 f locations in a geographic area choose each period how much to innovate (
 if at all) in manufacturing and services. Locations can trade subject to t
 ransport costs and technology diffuses spatially across locations. The res
 ult is an endogenous growth theory that can shed light on the link between
  the evolution of economic activity over time and space. We apply the mode
 l to study the evolution of the U.S. economy in the last few decades and f
 ind that the model can generate the reduction in the employment share in m
 anufacturing\, the increase in service productivity in the second part of 
 the 1990s\, the increase in land rents in the same period\, as well as sev
 eral other spatial and temporal patterns.&nbsp\;
DTEND:20090908T210000Z
DTSTAMP:20260510T092709Z
DTSTART:20090908T200000Z
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SEQUENCE:0
SUMMARY:TDPE presents: Esteban Rossi-Hansberg
UID:RFCALITEM639139876290052050
X-ALT-DESC;FMTTYPE=text/html:Lecture Title:&nbsp\; Spatial Development Auth
 ors: Klaus Desmet\, Universidad Carlos IIIEsteban Rossi-Hansberg\, Princet
 on University&nbsp\;Description: Please join us in 112 Eggers Hall in the 
 Economics Department for a lecture by Esteban Rossi-Hansberg\, co-author o
 f "Spatial Development". The authors present a theory of spatial developme
 nt. A continuum of locations in a geographic area choose each period how m
 uch to innovate (if at all) in manufacturing and services. Locations can t
 rade subject to transport costs and technology diffuses spatially across l
 ocations. The result is an endogenous growth theory that can shed light on
  the link between the evolution of economic activity over time and space. 
 We apply the model to study the evolution of the U.S. economy in the last 
 few decades and find that the model can generate the reduction in the empl
 oyment share in manufacturing\, the increase in service productivity in th
 e second part of the 1990s\, the increase in land rents in the same period
 \, as well as several other spatial and temporal patterns.&nbsp\;
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