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localization can be expressed in terms of absolute and relative concentration and specialization measures. This helps understand …
Persistent link: https://www.econbiz.de/10008693817
This paper establishes eight stylized facts on the evolution of the localization of economic activity across industries … and regions in the EU-15 since 1980. Localization, which nests concentration and specialization, is measured by a Theil …
Persistent link: https://www.econbiz.de/10008784524
This paper sets up an economic geography model to show the endogenous forces that determine the degree of industry concentration in the course of economic development. The model includes centrifugal forces, such as home market effects and access to intermediate suppliers, and centripetal forces,...
Persistent link: https://www.econbiz.de/10009276434
equal dispersion of industries, this paper explains why limits to industrial agglomeration can be observed in reality. It …
Persistent link: https://www.econbiz.de/10009277713
literature highlights agglomeration as one of the main factors affecting the formation and scale of operations of new firms. This … paper is one of the first to use developing country data to estimate the impact of localization (the benefits accruing to … of operations. Our findings reveal that agglomeration measured through density of employment has a significant impact on …
Persistent link: https://www.econbiz.de/10010956131
Persistent link: https://www.econbiz.de/10009276086
This study analyses the effects of oil price and macroeconomic shocks on the Malaysian housing market using a SVAR framework. The specification of the baseline model is based on standard economic theory. The Gregory-Hansen (GH) cointegration tests reveal that there is no cointegration among the...
Persistent link: https://www.econbiz.de/10011170359
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance. By performing 3SLS estimations we explicitly account...
Persistent link: https://www.econbiz.de/10010889944
Persistent link: https://www.econbiz.de/10010955831
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new...
Persistent link: https://www.econbiz.de/10010886848