"Zonder onderwerpscode: economie." . . "Agglomerationseffekt" . . "USA" . . "Wirtschaftsraum" . . "Electronic documents." . . "Test" . . "Preisniveau" . . "Neue Ökonomische Geographie" . . . . . . . . . . . . . . . . . . . . . . . . "Is New Economic Geography Right? : Evidence from Price Data" . . . . . . . . . "Is New Economic Geography Right? Evidence from Price Data" . "Is New Economic Geography Right? Evidence from Price Data"@en . "Is new economic geography right? evidence from price data"@en . . "Is new economic geography right? : evidence from price data" . . "The agglomeration force behind the New Economic Geography literature initiated by Krugman is based on the notion that larger markets should have a lower variety adjusted price index. Despite his Nobel Prize, there have been no tests of this idea. This paper represents the first such test. Using a rich dataset covering 10-20 million purchases of grocery items, we find that after controlling for store and shopping effects: 1) Aggregate grocery prices are lower in larger cities; 2) Residents of larger cities have access to substantially more varieties than residents of smaller cities; and 3) These forces combine to substantially lower variety adjusted prices in large cities. In short, Krugman was right." . "The agglomeration force behind the New Economic Geography literature initiated by Krugman is based on the notion that larger markets should have a lower variety adjusted price index. Despite his Nobel Prize, there have been no tests of this idea. This paper represents the first such test. Using a rich dataset covering 10-20 million purchases of grocery items, we find that after controlling for store and shopping effects: 1) Aggregate grocery prices are lower in larger cities; 2) Residents of larger cities have access to substantially more varieties than residents of smaller cities; and 3) These forces combine to substantially lower variety adjusted prices in large cities. In short, Krugman was right."@en . . . . . . "is new economic geography right? evidence from price data" .