Traditional trade theory emphasizes static gains form trade, whereas the growing literature on endogenous growth is able to explain dynamic gains from trade, i.e., how trade influences economic growth. Empirical studies suggest that dynamic gains are likely to be significantly more important...

We empirically test some implications from location theory using the location of Los Angeles area gasoline stations in physical space and in the space of product attributes. We consider the effect of demand patterns, entry costs, and several proxies for competition -- the total number of...

This chapter examines the hedonic analysis of housing markets. These techniques have been widely applied in studies of the demand for housing attributes and environmental amenities. The chapter discusses the theoretical foundation of such analysis, the use of hedonic estimates of demand for...

This paper evaluates 'new economic geography' theory by comparing it with a competing non-nested model derived from urban economics. Using bootstrap inference and the J-test, the paper shows that while NEG theory is supported by the data, it needs to be modified to achieve this, and it is not...

The transportation system is a fundamental component of the urban economic development, with its generating feature of negative supply externalities standing out (and, as a result, of the satisfied demand for some kind of this supply’s structure) related to congestion and environmental...

En este trabajo se utiliza la información estadística referente a los indicadores regionales, suministrada por Eurostat, para elaborar una clasificación y caracterizar el espacio socioeconómico europeo en base a los mencionados indicadores, que, como se sabe, se refieren básicamente a datos...

Greater cross-border economic integration in many regions has caused the field of border economics to expand rapidly. It has also occurred as a consequence of growing recognition of the necessity to examine economic phenomena within the unique contexts imposed by geo-political market...

This paper analyzes some of the implications of North American labor market integration for fiscal policy. The economies of Canada and the US are both characterized by highly integrated internal markets for goods and services as well as for labor and capital, and subnational governments in both...