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The District and the Global Economy: Exporting versus Foreign Location
Basevi, Giorgio; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2001
This Paper studies the welfare implications of the location decisions of innovative newcomers that, though spinning off an industrial district, may choose whether to locate inside or outside its borders. Even if this choice has always been relevant, globalization has turned the issue, whether to...
Persistent link: https://www.econbiz.de/10005662351
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Core-Periphery Patterns of Generalized Transport Costs: France, 1978-98
Combes, Pierre-Philippe; Lafourcade, Miren - C.E.P.R. Discussion Papers - 2003
This Paper develops a methodology to compute transport costs at low infra-country geographical levels. This simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost (wages, insurance and general charges, vehicle use). When...
Persistent link: https://www.econbiz.de/10005791775
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Regional Underdevelopment: Is FDI the Solution? A Semiparametric Analysis
Girma, Sourafel; Wakelin, Katharine - C.E.P.R. Discussion Papers - 2001
In this Paper we aim to examine the regional impact of foreign-owned establishments on the performance of domestic establishments in the electronics industry in the UK. We use establishment-level data taken from the UK Census of Production (the ARD) to this end. In the econometric specification,...
Persistent link: https://www.econbiz.de/10005123998
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The Lifecycle of Regions
Audretsch, David B; Falck, Oliver; Feldman, Maryann P; … - C.E.P.R. Discussion Papers - 2008
Major economic transitions, even when they are disruptive, do not occur instantaneously but rather occur over time, as regions within a country change at different rates. Accordingly, these dynamics may be reflected in a geographic lifecycle with different regions characterized by different...
Persistent link: https://www.econbiz.de/10005124213
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Taking the Bite Out of Fiscal Competition
Justman, Moshe; Thisse, Jacques-François; van … - C.E.P.R. Discussion Papers - 2001
Regions can benefit by offering infrastructure services that are differentiated by quality, thus segmenting the market for industrial location. Regions that compete on infrastructure quality have an incentive to increase the degree of differentiation between them. This places an upper bound on...
Persistent link: https://www.econbiz.de/10005504498
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Will East Germany Become a New Mezzogiorno?
Boltho, Andrea; Carlin, Wendy; Scaramozzino, Pasquale - C.E.P.R. Discussion Papers - 1996
Despite massive regional policy efforts, GDP per capita in Southern Italy has only briefly converged on Northern Italian levels (during the 1960s). Failure since then is associated with a policy switch from investment towards income maintenance, with reduced wage sensitivity to regional labour...
Persistent link: https://www.econbiz.de/10005656140
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New-Firm Start-ups in Italy
Audretsch, David B; Vivarelli, Marco - C.E.P.R. Discussion Papers - 1993
This paper applies a modified version of the `income choice' model to explain variations in new-firm formation across Italian provinces over the period 1985-8. Based on a panel data of start-up activity in 78 Italian provinces and using two different databases, we find support for the overall...
Persistent link: https://www.econbiz.de/10005661973
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China’s Foreign Trade: Perspectives From the Past 150 Years
Keller, Wolfgang; Li, Ben; Shiue, Carol Hua - C.E.P.R. Discussion Papers - 2010
This paper studies the trade of China in the past 150 years, starting from the first opening of China after the Opium … War. The main purpose of the paper is to identify what is (and was) China’s ‘normal’ level of foreign trade, and how these … levels changed under different trade regimes, from 1840 to the present. We present new evidence on China’s foreign trade …
Persistent link: https://www.econbiz.de/10008784745
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The Global Welfare Impact of China: Trade Integration and Technological Change
di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - C.E.P.R. Discussion Papers - 2013
This paper evaluates the global welfare impact of China's trade integration and technological change in a multi …-country quantitative Ricardian-Heckscher-Ohlin model. We simulate two alternative growth scenarios: a "balanced" one in which China …'s productivity grows at the same rate in each sector, and an "unbalanced" one in which China's comparative disadvantage sectors catch …
Persistent link: https://www.econbiz.de/10011084266
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Testing a DSGE Model of the EU Using Indirect Inference
Meenagh, David; Minford, Patrick; Wickens, Michael R. - C.E.P.R. Discussion Papers - 2008
We use the method of indirect inference, using the bootstrap, to test the Smets and Wouters model of the EU against a VAR auxiliary equation describing their data; the test is based on the Wald statistic. We find that their model generates excessive variance compared with the data. But their...
Persistent link: https://www.econbiz.de/10005791817