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Analysing the Impact of Public Capital Stock Using the NEG Wage Equation: A Panel Data Approach

Fingleton, Bernard; Gómez-Antonio, Miguel - Spatial Economics Research Centre, LSE - 2009

This paper examines the relationship between the level of public infrastructure and the level of productivity using panel data for the Spanish provinces over the period 1984-2004, a period which is particularly relevant due to the substantial changes occurring in the Spanish economy at that...

Persistent link: https://www.econbiz.de/10005037471

Strategic Interaction in Local Fiscal Policy: Evidence from Portuguese Municipalities

Silva, Hélia; Veiga, Linda Gonçalves; Portela, Miguel - Núcleo de Investigação em Políticas Económicas … - 2011

This paper aims at testing the degree of interaction between Portuguese municipalities’ expenditure levels by estimating a dynamic panel model, based on jurisdictional reaction functions. The analysis is performed for all 278 Portuguese mainland municipalities from 1986 to 2006, using...

Persistent link: https://www.econbiz.de/10009210961

Predicting the Geography of House Prices

Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2010

Prediction is difficult. In this paper we use panel data methods to make reasonably accurate shortterm ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...

Persistent link: https://www.econbiz.de/10008692872

Simulating Wages and House Prices Using the NEG

Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2009

The paper incorporates house prices within an NEG framework leading to the spatialdistributions of wages, prices and income. The model assumes that all expenditure goes tofirms under a monopolistic competition market structure, that labour efficiency units areappropriate, and that spatial...

Persistent link: https://www.econbiz.de/10005037483

Where is the Economics in Spatial Econometrics?

Corrado, Luisa; Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2011

Spatial econometrics has been criticized by some economists because some model specifications have been driven by data-analytic considerations rather than having a firm foundation in economic theory. In particular this applies to the so-called W matrix, which is integral to the structure of...

Persistent link: https://www.econbiz.de/10008867519

Elasticities of Regional and Local Administrations Expenditures - the Portuguese case

Mourão, Paulo Reis - Núcleo de Investigação em Políticas Económicas … - 2005

This work analyses the evolution of real public expenditures of local and regional administrations (LRA), in Portugsl, in the period after the Second World War. It also aims to estimate the elasticities associated to determinants, which explain the found growth. As most relevant results, it is...

Persistent link: https://www.econbiz.de/10005572449

Asymmetry of Shocks and Convergence in Selected Asean Countries: A Dynamic Analysis

Cortinhas, Carlos - Núcleo de Investigação em Políticas Económicas … - 2006

degree of convergence could be identified over time, distinguishing between a country’s convergence with a regional partner … and a more general trend of convergence with the rest of the world. The results showed that in the majority of cases there … has been an increase in the degree of convergence of demand shocks in recent years. More importantly, it also showed an …

Persistent link: https://www.econbiz.de/10005771626

Does Cultural Diversity Help Innovation in Cities: Evidence from London Firms

Lee, Neil; Nathan, Max - Spatial Economics Research Centre, LSE - 2011

London is one of the world's major cities, and one of its most diverse. London's cultural diversity is widely seen as a social asset, but there is little hard evidence on its importance for the city's businesses. Theory and evidence suggest various links between urban cultural diversity and...

Persistent link: https://www.econbiz.de/10008867523

Flexible Employment and Cross-Regional Adjustment

Kaplanis, Ioannis; Monastiriotis, Vassilis - Spatial Economics Research Centre, LSE - 2012

Employment flexibility is commonly associated to greater labour mobility and thus faster cross-regional adjustments. The literature however offers very little hard evidence on this and quite limited theoretical guidance. This paper examines empirically the relationship between employment...

Persistent link: https://www.econbiz.de/10009421807

The Fluctuating Record of Economic Regeneration in Englands Second-Order City Regions, 1984-2007

Champion, Tony; Townsend, Alan - Spatial Economics Research Centre, LSE - 2009

This study examines how far and in what way 'Our cities are back', as claimed by England's Core Cities Group. It focuses on 1984-2007 employment changes for the eight Core Cities and their city regions: Birmingham, Bristol, Leeds, Liverpool, Manchester, Newcastle, Nottingham and Sheffield. City...

Persistent link: https://www.econbiz.de/10008692863