Narrow search
Showing 1 - 10 of 283
Cover Image
Profit Taxation, Innovation and the Financing of Heterogeneous Firms
Keuschnigg, Christian; Ribi, Evelyn - C.E.P.R. Discussion Papers - 2010
investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason … endogenous share opts for innovation and faces credit constraints in the subsequent expansion phase. We emphasize four results …
Persistent link: https://www.econbiz.de/10008468605
Cover Image
Net Neutrality with Competing Internet Platforms
Bourreau, Marc; Kourandi, Frago; Valletti, Tommaso - C.E.P.R. Discussion Papers - 2014
study the effect of a net neutrality regulation on capacity investments in the market for Internet access, and on innovation … capacity and content innovation are both higher than under net neutrality. Total welfare increases, though the discriminatory …
Persistent link: https://www.econbiz.de/10011083479
Cover Image
On the Number and Size of Cities
Tabuchi, Takatoshi; Thisse, Jacques-François; Zeng, Dao-Zhi - C.E.P.R. Discussion Papers - 2002
We study the effects of a decrease in trade costs on the spatial distribution of industry in a multi-regional economy, when a rise in the regional population of workers generates higher urban costs. When the number of cities is unaffected by falling trade costs, small cities become smaller for...
Persistent link: https://www.econbiz.de/10005123704
Cover Image
What are Falling Transport Costs doing to Spatial Concentration Across US Counties?
Desmet, Klaus; Fafchamps, Marcel - C.E.P.R. Discussion Papers - 2003
Theory is divided on whether falling transport costs lead to more or less spatial concentration of economic activity …
Persistent link: https://www.econbiz.de/10005067549
Cover Image
Genetic, Cultural and Geographical Distances
Giuliano, Paola; Spilimbergo, Antonio; Tonon, Giovanni - C.E.P.R. Discussion Papers - 2006
This paper investigates how the measures of genetic distance between populations, which have been used in anthropology and historical linguistics, can be used in economics. What does the correlation between genetic distance and economic variables mean? Using the measure of genetic distance, a...
Persistent link: https://www.econbiz.de/10005067648
Cover Image
Rising Trade Costs? Agglomeration and Trade with Endogenous Transaction Costs
Duranton, Gilles; Storper, Michael - C.E.P.R. Discussion Papers - 2005
While transport costs have fallen, the empirical evidence also points at rising total trade costs. In a model of industry location with endogenous transaction costs, we show how and under which conditions a decline in transport costs can lead to an increase in the total cost of trade.
Persistent link: https://www.econbiz.de/10005504426
Cover Image
Are Compact Cities Environmentally Friendly?
Gaigné, Carl; Riou, Stéphane; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2011
There is a large consensus among international institutions and national governments to favor urban-containment policies - the compact city - as a way to improve the ecological performance of the urban system. This approach overlooks a fundamental fact: what matters for the ecological outcome of...
Persistent link: https://www.econbiz.de/10008867493
Cover Image
The world is not yet flat: Transport costs matter!
Behrens, Kristian; Bougna, Théophile; Brown, W. Mark - C.E.P.R. Discussion Papers - 2015
We provide evidence for the effects of changes in transport costs, international trade exposure, and input-output linkages on the geographical concentration of Canadian manufacturing industries. Increasing transport costs, stronger import competition, and the spreading out of upstream suppliers...
Persistent link: https://www.econbiz.de/10011145427
Cover Image
Roads and Trade: Evidence from the US
Duranton, Gilles; Morrow, Peter; Turner, Matthew A - C.E.P.R. Discussion Papers - 2013
We estimate the effect of interstate highways on the level and composition of trade for us cities. Highways within cities have a large effect on the weight of city exports with an elasticity of approximately 0.5. We find little effect of highways on the total value of exports. Consistent with...
Persistent link: https://www.econbiz.de/10011083314
Cover Image
Agglomeration and Economic Geography
Ottaviano, Gianmarco; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2003
search of a general theory. Such spatial imbalances have two possible explanations. In the first, uneven economic development … results developed in standard location theory, we use a unified framework to survey the home market effect as well as core …
Persistent link: https://www.econbiz.de/10005662148