Structural change in basic industries is usually interpreted as an autonomous economic process. Some authors claim that there is a tendency to use the "end of the era of materials", thus resulting in a decline of the basic industries. Such a process would obviously benefit the environment....

"This paper empirically assesses the incidence and efficiency of Round I of the federal urban Empowerment Zone (EZ) program using confidential microdata from the Decennial Census and the Longitudinal Business Database. To ground our welfare analysis, we develop a heterogeneous agent general...

"Considerable prior analysis has gone into the study of zoning restrictions on locational choice and on fiscal burdens. The prior work on zoning - particularly fiscal or exclusionary zoning - has provided both inconclusive theoretical results and quite inconsistent empirical support of the...