Showing 1 - 10 of 340
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
We propose a dynamic spatial theory to analyze the geographic impact of climate change. Agricultural and manufacturing … affects the spatial distribution of economic activity, trade, migration, growth, and welfare. We assess quantitatively the … impact of migration and trade restrictions, energy taxes, and innovation subsidies. …
Persistent link: https://www.econbiz.de/10011083729
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level in Greece. Using a new database of public expenditure per region for the period 1978-2007, it proposes a model which captures not just the impact of public investment in Greek...
Persistent link: https://www.econbiz.de/10011084166
We evaluate the role that cities play on individual productivity in China. First, we show that location explains a … external markets does not. Therefore, large agglomeration economies prevail in China and they are more localised than in …. Overall, these results strongly support the productivity gains that can be expected from further migration and urbanisation in …
Persistent link: https://www.econbiz.de/10011084353
, falling labor share and accumulation of a large foreign surplus. The theory makes only minimal deviations from a neoclassical … assets, generating a foreign surplus. We test some auxiliary implications of the theory and find robust empirical support. …
Persistent link: https://www.econbiz.de/10005123794
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …
Persistent link: https://www.econbiz.de/10011084232
We study the determinants of private benefits of control in negotiated block transactions. We estimate the block pricing model in Burkart, Gromb, and Panunzi (2000) explicitly accounting for both block premia and block discounts in the data. The evidence suggests that the occurrence of a block...
Persistent link: https://www.econbiz.de/10004969131
We evaluate the extent to which a dynamic stochastic general equilibrium model can account for the impact of "surprise" and "anticipated" tax shocks estimated from U.S. time-series data. In U.S. data, surprise tax cuts have expansionary and persistent effects on output, consumption, investment...
Persistent link: https://www.econbiz.de/10008477183
We develop a model of competition between retailer chains with a structural estimation of the demand and supply in the supermarket industry in France. In the model, supermarkets compete in price and brand offer over all food products to attract consumers, in particular through the share of...
Persistent link: https://www.econbiz.de/10008530346
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10005123595