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DTSTART:20251102T020000
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DESCRIPTION:Trade Development and Political Economy Presents: Is New Econom
 ic Geography Right? Evidence from Price Data by Jessie HandburySpeaker: Je
 ssie Handbury (University of Pennsylvania)Authors: Jessie Handbury (Univer
 sity of Pennsylvania) and David Weinstein (Columbia University)Abstract: T
 he agglomeration force behind the New Economic Geography literature initia
 ted by Krugman is based on the notion that larger markets have lower price
  indices. Surprisingly\, there have been no tests of this idea. This paper
  represents the first such test of Krugman (1991). Moreover\, the authors 
 develop a simple extension of the model\, providing a theoretical underpin
 ning for why residents of larger cities may have access to more tradable v
 arieties. Using barcode price data\, they find that\, after controlling fo
 r store and shopping effects\, residents of large cities face a lower pric
 e index and have access to more varieties of groceries.Bio: Jessie Handbur
 y is Assistant Professor at the Wharton School in the University of Pennsy
 lvania. Her research interests are in international trade\, urban economic
 s and industrial organization.
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DTSTAMP:20260418T193248Z
DTSTART:20130429T200000Z
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SUMMARY:Trade Development and Political Economy presents: Jessie Handbury
UID:RFCALITEM639121231681977543
X-ALT-DESC;FMTTYPE=text/html:Trade Development and Political Economy Presen
 ts: Is New Economic Geography Right? Evidence from Price Data by Jessie Ha
 ndbury<br><br>Speaker: Jessie Handbury (University of Pennsylvania)<br>Aut
 hors: Jessie Handbury (University of Pennsylvania) and David Weinstein (Co
 lumbia University)<br><br>Abstract: The agglomeration force behind the New
  Economic Geography literature initiated by Krugman is based on the notion
  that larger markets have lower price indices. Surprisingly\, there have b
 een no tests of this idea. This paper represents the first such test of Kr
 ugman (1991). Moreover\, the authors develop a simple extension of the mod
 el\, providing a theoretical underpinning for why residents of larger citi
 es may have access to more tradable varieties. Using barcode price data\, 
 they find that\, after controlling for store and shopping effects\, reside
 nts of large cities face a lower price index and have access to more varie
 ties of groceries.<br><br>Bio: Jessie Handbury is Assistant Professor at t
 he Wharton School in the University of Pennsylvania. Her research interest
 s are in international trade\, urban economics and industrial organization
 .
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