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The Geography of Development: Evaluating Migration Restrictions and Coastal Flooding

Desmet, Klaus; Nagy, David Krisztián; Rossi-Hansberg, … - C.E.P.R. Discussion Papers - 2015

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …

Persistent link: https://www.econbiz.de/10011252617

What Makes Stock Exchanges Succeed? Evidence from Cross-Listing Decisions

Pagano, Marco; Randl, Otto; Röell, Ailsa A; Zechner, Josef - C.E.P.R. Discussion Papers - 2001

Despite the increasing integration of capital markets, geography has not yet become irrelevant to finance. Between 1986 …

Persistent link: https://www.econbiz.de/10005662106

Innovation in Cities: Science-Based Diversity, Specialization and Localized Competition

Audretsch, David B; Feldman, Maryann P - C.E.P.R. Discussion Papers - 1998

Whether diversity or specialization of economic activity better promotes technological change and subsequent economic growth has been the subject of a heated debate in the economics literature. The purpose of this paper is to consider the effect of the composition of economic activity on...

Persistent link: https://www.econbiz.de/10005662217

Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - C.E.P.R. Discussion Papers - 2002

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …

Persistent link: https://www.econbiz.de/10005667122

The Geography of Output Volatility

Malik, Adeel; Temple, Jonathan - C.E.P.R. Discussion Papers - 2006

of geography and institutions. We investigate the volatility effects of market access, climate variability, the …

Persistent link: https://www.econbiz.de/10005791346

Information and Geography: Evidence from the German Stock Market

Hau, Harald - C.E.P.R. Discussion Papers - 1999

The electronic trading system Xetra of the German Security Exchange provides a unique data source on the equity trades of 451 large traders located in 23 different cities and 8 European countries. We explore informational asymmetries across the trader population: Traders located outside Germany...

Persistent link: https://www.econbiz.de/10005791658

The Geography of Intra-Industry Trade: Empirics

Rice, Patricia; Stewart, Martin; Venables, Anthony J - C.E.P.R. Discussion Papers - 2002

This Paper uses bilateral trade data for OECD countries at the 3-digit industry level to investigate the geography of … distance. We show that the dependence of IIT on geography arises not because of any inherent feature of the effects of distance …

Persistent link: https://www.econbiz.de/10005791742

The Distribution of Firm Start-Up Size Across Geographic Space

Audretsch, David B; Tamvada, Jagannadha Pawan - C.E.P.R. Discussion Papers - 2008

. Despite the renewed interest in economic geography, the existing literature on the firm size distribution (FSD) has ignored …

Persistent link: https://www.econbiz.de/10005792128

The Long-Lived Effects of Historic Climate on the Wealth of Nations

Bluedorn, John; Valentinyi, Akos; Vlassopoulos, Michael - C.E.P.R. Discussion Papers - 2009

We investigate the long-run consequences of historic, climatic temperatures (1730-2000) for the modern cross-country income distribution. Using a newly constructed dataset of climatic temperatures stretching over three centuries (18th, 19th, and 20th), we estimate a robust and significant...

Persistent link: https://www.econbiz.de/10008491725

Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations

Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2007

diversity on the adaptability of society to a changing technological environment. Thus, in contrast to the cultural and …

Persistent link: https://www.econbiz.de/10005123872