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residential externalities. We show that the model with the estimated agglomeration parameters can account both qualitatively and …
Persistent link: https://www.econbiz.de/10012458313
poverty and weak governance reduce the ability to address the negative externalities that come with density. This paper models … down. For large cities with weak governments, draconian policies may be the only way to curb negative externalities … to reduce negative externalities is less costly when city populations are low or institutions are strong, but that public …
Persistent link: https://www.econbiz.de/10012458918
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
Economic activity is highly unevenly distributed within cities, as reflected in the concentration of economic functions in specific locations, such as finance in the Square Mile in London. The extent to which this concentration reflects natural advantages versus agglomeration forces is central...
Persistent link: https://www.econbiz.de/10013537769
Considerable prior analysis has gone into the study of zoning restrictions on locational choice and on fiscal burdens. The prior work on zoning - particularly fiscal or exclusionary zoning - has provided both inconclusive theoretical results and quite inconsistent empirical support of the...
Persistent link: https://www.econbiz.de/10012460927
Numerous recent studies have indicated that interactions with a tax-distorted labor market increase the cost of pollution regulation. However, these studies have made restrictive assumptions regarding individual preferences and have ignored key links between pollution, human health, and labor...
Persistent link: https://www.econbiz.de/10012470669
We examine the role of consumption externalities in the demand for pharmaceuticals at both the brand level and over a … equations describing the dynamic adjustment process. We find that consumption externalities influence both valuations and rates …
Persistent link: https://www.econbiz.de/10012470978
capital gain position of the fund. This paper's simulations show that these externalities are important determinants of the …
Persistent link: https://www.econbiz.de/10012471098
This paper discusses the definition and identification of external treatment effects and experimental designs capable of detecting these effects. External effects occur when the outcome of a given individual is affected by the treatment assignments of other individuals. The paper argues that...
Persistent link: https://www.econbiz.de/10012471322
externalities on other states in that the effects of the apportionment formula on aggregate employment is zero. Every job gained …
Persistent link: https://www.econbiz.de/10012472197