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This paper is motivated by the fact that, contrary to its importance in practice, the role of land for production has received no attention in the new trade theory and the new economic geography. We set up a simple monopolistic competition model and we show that, due to the factor proportions...
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"Estimates of local land rents and firm productivity from wage and housing-cost data should incorporate parameters from the housing production function. Across cities, differences in amenity values are capitalized into the sum of local land values and federal-tax payments. Improved modeling is...
Persistent link: https://www.econbiz.de/10003848783
We specify a system of equations that fully reflects the supply and demand sides of the market for agricultural open space at equilibrium. Although simple, the system is exceedingly flexible and allows for household and parcel heterogeneity. We derive an empirical model directly from the...
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Die Broschüre informiert zunächst über die Notwendigkeit einer Reduzierung der Flächeninanspruchnahme und über die Nachhaltigkeitspolitik der Bundesregierung, die über insgesamt drei Ressorts das Programm "Forschung für die Reduzierung der Flächeinanspruchnahme und ein Nachhaltiges...
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