【Kentaro Nakajima】The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data
▶Category: Article ▶Author:Miyauchi, Yuhei:Kentaro Nakajima:Stephen J Redding ▶Institution:Quarterly Journal of Economics ▶Volume:Vol.140 ▶Number:Issue 4 ▶Page:pp.2507-2570 ▶Date:2025/11/01 ▶Article Title:The Economics of Spatial Mobility: Theory and Evidence Using Smartphone Data ▶Abstract:We develop a tractable quantitative framework for modeling the rich patterns of spatial mobility observed in smartphone data. We show that travel is frequently undertaken as part of a travel itinerary, defined as a journey starting and ending at home that can include more than one intermediate stop on a given day. We show that these travel itineraries provide microfoundations for consumption externalities and generate both complementarity and substitutability between locations. We show that the consumption externalities implied by travel itineraries are…