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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. Using US county-level data we find that aggregate employment became more concentrated between 1972-92. This aggregate picture hides important differences between sectors though....
Persistent link: https://www.econbiz.de/10005067549
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The Geography of Multi-Speed Europe
Martin, Philippe; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 1995
This paper describes the possible impact of multi-speed integration on the location of economic activities in Europe … lower income. We analyse the effect of different integration sequences on industrial location and convergence during the … differentials at the time of integration are the main determinant of industry location. A long transition period may then be called …
Persistent link: https://www.econbiz.de/10005497760
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The Spread of Industry: Spatial Agglomeration in Economic Development
Puga, Diego; Venables, Anthony J - C.E.P.R. Discussion Papers - 1996
This paper describes the spread of industry from country to country as a region grows. All industrial sectors are initially agglomerated in one country, tied together by input-output links between firms. Growth expands industry more than other sectors, bidding up wages in the country in which...
Persistent link: https://www.econbiz.de/10005662334
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The Spatial Distribution of Economic Activities in the EU
Combes, Pierre-Philippe; Overman, Henry G - C.E.P.R. Discussion Papers - 2003
available at the national level; (ii) to present descriptive evidence on the location of aggregate activity and particular … industries and to consider how these location patterns are changing over time; (iii) to consider the nature of the agglomeration …
Persistent link: https://www.econbiz.de/10005791687
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Agglomeration in the Global Economy: A Survey of the 'New Economic Geography'
Ottaviano, Gianmarco; Puga, Diego - C.E.P.R. Discussion Papers - 1997
This review of recent contributions reveals common conclusions about the effects of integration on location. For high … cluster together, turning location into a self-reinforcing process. Agglomeration raises the price of immobile local factors …
Persistent link: https://www.econbiz.de/10005662027
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Foreign Direct Investment, Agglomerations and Demonstration Effects: An Empirical Investigation
Barry, Frank; Görg, Holger; Strobl, Eric - C.E.P.R. Discussion Papers - 2001
the reasons why industry clusters attract firms. We distinguish between ‘efficiency agglomerations’ as firms locating …. In this Paper we try to disentangle these two effects, by examining the location of US and UK firms in Ireland. We … calculate proxies for ‘efficiency agglomerations’ and ‘demonstration effects’ and include these proxies in an empirical model of …
Persistent link: https://www.econbiz.de/10005666908
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Do Other Firms Matter in Oligopolies?
Haskel, Jonathan; Scaramozzino, Pasquale - C.E.P.R. Discussion Papers - 1995
This paper examines how firms interact with their rivals. The main novelty of our approach is that we let conjectural variations depend on the actual ability of other firms to react, which we measure by both the physical capacity and financial status of firms. Our main findings are threefold....
Persistent link: https://www.econbiz.de/10005498024
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Innovation and Market Structure: An Empirical Evaluation of the 'Bounds Approach' in the Chemical Industry
Uribe, Marín; Luis, Pedro; Siotis, Georges - C.E.P.R. Discussion Papers - 2002
This Paper empirically tests the ‘bounds approach’ to industry structure proposed by Sutton ((1991), (1998)). To carry out this task, we focus on the chemical industry. Part of the novelty in this exercise is that we work on the finest possible level of disaggregation. Also, we identify...
Persistent link: https://www.econbiz.de/10005656233
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Investments in Pharmaceuticals Before and After TRIPS
Kyle, Margaret K; McGahan, Anita M - C.E.P.R. Discussion Papers - 2011
This paper addresses the relationship between patent protection and investment in the development of new pharmaceutical treatments. The TRIPS Agreement, which specifies minimum levels of intellectual property protection for countries in the World Trade Organization, has increased levels of...
Persistent link: https://www.econbiz.de/10009002387
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Market Size and Pharmaceutical Innovation
de Mouzon, Oliver; Dubois, Pierre; Scott Morton, Fiona; … - C.E.P.R. Discussion Papers - 2011
This paper quantifies the relationship between market size and innovation in the pharmaceutical industry. We estimate the elasticity of innovation, as measured by the number of new chemical entities appearing on the market for a given disease class, to the potential market size represented by...
Persistent link: https://www.econbiz.de/10009003149