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We introduce a sorting model for firms where firm-specific profit coefficients can be identified given information on location choices of firms. It is shown that one may estimate such a model using a semiparametric Poisson approach. We apply this approach by examining the effects of...
Persistent link: https://www.econbiz.de/10010738126
Urban areas are characterized by dispersed employment patterns and mixed land use. Lucas and Rossi‐Hansberg (LRH) [Econometrica 70 (2002), 1445–1476] develop a model where the urban spatial structure is determined by the external benefits of agglomeration and the commuting costs for workers....
Persistent link: https://www.econbiz.de/10011052364
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Many cities apply planning policies to protect a valuable building stock. These policies may have adverse side-effects. We aim to estimate the costs of within-city regulatory restrictions for house owners. To avoid endogeneity issues with respect to supply restrictions, we employ a...
Persistent link: https://www.econbiz.de/10010574118
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We hypothesise, and test for, a negative effect of the length of the worker's commute on worker's productivity, by examining whether the commute has a positive effect on worker's absenteeism. We identify this effect using employer-induced changes in commuting distance. Our estimates for Germany...
Persistent link: https://www.econbiz.de/10008872451
We perform a meta-analysis of studies investigating consumer preferences for electric and other alternative fuel vehicles (AFVs) to provide insights into the way driving range is traded off for capital costs. We find that consumers are willing to pay, on average, between 66 and 75 US$ for a...
Persistent link: https://www.econbiz.de/10010709178
We introduce a methodology to estimate the effect of parking prices on car drivers' choice between street and garage parking. Our key identifying assumption is that the marginal benefit of parking duration does not depend on this choice. The endogeneity of parking duration is acknowledged in the...
Persistent link: https://www.econbiz.de/10011052392
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We examine the effect of commuting distance on workers' labour supply patterns, distinguishing between weekly labour supply, number of workdays per week and daily labour supply. We account for endogeneity of distance by using employer-induced changes in distance. In Germany, distance has a...
Persistent link: https://www.econbiz.de/10008488826