NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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General Equilibrium Effects in Space: Theory and Measurement

Rodrigo Adão, Costas Arkolakis, Federico Esposito

NBER Working Paper No. 25544
Issued in February 2019, Revised in June 2020

---- Acknowledgments ----

We thank David Atkin, David Autor, Marta Bengoa, Martin Beraja, Varadarajan V. Chari, Lorenzo Caliendo, Arnaud Costinot, Jonathan Dingel, Dave Donaldson, Farid Farrokhi, Gordon Hanson, Rich Hornbeck, Erik Hurst, Samuel Kortum, Andrew McCallum, Eduardo Morales, Elias Papaioannou, Amil Petrin, Steve Redding, Esteban Rossi-Hansberg, Jonathan Vogel, David Weinstein, as well as numerous participants at many seminars and conferences for helpful suggestions and comments. We also thank Ariel Boyarsky, Zijian He, Guangbin Hong, Jack Liang, and Josh Morris-Levenson for excellent research assistance. Rodrigo Adão thanks the NSF (grant 1559015) for financial support. All errors are our own. A previous version of this paper circulated under the title “Spatial Linkages, Global Shocks and Local Labor Markets: Theory and Evidence.” The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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