Showing 1 - 10 of 55
This paper surveys the theoretical and empirical literature on the relationship between the spatial distribution of economic activity and transportation costs. We develop a multi-region model of economic geography that we use to understand the general equilibrium implications of transportation...
Persistent link: https://www.econbiz.de/10011126069
Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...
Persistent link: https://www.econbiz.de/10011126288
In this study I apply a gravity-type labor-market accessibility model to the Greater London Area to investigate house price capitalization effects. The spatial scope of labor-market effects is found to be about 60 minutes. Doubling accessibility increases the utility of an average household by...
Persistent link: https://www.econbiz.de/10011126415
We exploit a unique panel of 75 metro areas (‘cities’) across the globe and employ a cityfixed effects model to identify the determinants of within-city changes in air pollution concentration between 2005 and 2011. Increasing car and population densities significantly reduce air pollution...
Persistent link: https://www.econbiz.de/10011277212
This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and unusually rich dataset on bribe payments at ports...
Persistent link: https://www.econbiz.de/10010745127
This paper investigates how corrupt public officials and private agents adjust to policy reforms that change opportunities for bribery deals to take place. I exploit an exogenously determined tariff liberalization program that altered opportunities to extract bribes through a particular method...
Persistent link: https://www.econbiz.de/10010745888
Over 140 billion CNY (1GBP=10CNY) has been spent between 2000 and 2012 in Beijing on the construction of new rail transit lines. This massive public investment allows me to examine the consequences of transport improvements for land prices near rail stations. Using unique vacant parcel-specific...
Persistent link: https://www.econbiz.de/10011125946
Development of urban transport infrastructures is a key policy focus---particularly in countries like China which have experienced fast urbanisation over the past decade. While existing studies provide marginal values for rail access on the real estate market, little is known about the...
Persistent link: https://www.econbiz.de/10011126107
To analyze the mutually dependent relationship between local economic performance and the demand for and supply of transport services, we employ the structural panel VAR method that is popular in the macroeconomic literature, but which has not previously been applied to the modeling of...
Persistent link: https://www.econbiz.de/10011126639
This paper investigates how corrupt public officials and firms adjust to policy reforms that change opportunities for bribery deals to take place. I take advantage of an exogenously determined tariff liberalization program that altered opportunities to extract bribes through a particular method...
Persistent link: https://www.econbiz.de/10011071385