Showing 1 - 10 of 62
This paper presents evidence that high speed rail systems, by bringing economic agents closer together, sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results on the one hand confirm expectations that have led to huge public investments into...
Persistent link: https://www.econbiz.de/10010884736
This paper exploits the division of Germany after the Second World War and the reunification of East and West Germany in 1990 as a natural experiment to provide evidence of the importance of market access for economic development. In line with a standard new economic geography model, we find...
Persistent link: https://www.econbiz.de/10010746209
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
Really Responsive Regulation seeks to add to current theories of enforcement by stressing the case for regulators to be …
Persistent link: https://www.econbiz.de/10010744983
Principles-based regulation is high on the regulatory agenda in a number of regulatory domains, most particularly … financial regulation. Its supporters argue that it provides a flexible regulatory regime which can facilitate innovation; its … detractors argue that it is simply lax regulation. This article explores the political rhetoric surrounding principles …
Persistent link: https://www.econbiz.de/10010745006
Generic competition in the pharmaceutical market is an effective cost-containment mechanism that improves static efficiency and stimulates pharmaceutical innovation. There is no prior study that has empirically analysed the relative delays in adoption of generic competition. This paper aims to...
Persistent link: https://www.econbiz.de/10010745148
We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then … synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available … use regulation is, compared to regulation in other contexts, significantly neglected. We hope that this special issue …
Persistent link: https://www.econbiz.de/10010745368
I study the role of company start-up costs for employment performance. The model is search equilibrium with a new concept for firms. Agents have an innate managerial ability and make a career choice to become either managers or workers. Manage rs set up firms, post jobs and match with workers. I...
Persistent link: https://www.econbiz.de/10010745527
global risk regulation can achieve in the face of highly politicised conflict, but it also shows significant cooperation …
Persistent link: https://www.econbiz.de/10010745630
from the history of financial market regulation. …
Persistent link: https://www.econbiz.de/10010746149