Showing 1 - 10 of 11
This paper characterizes the set of equilibrium networks in the two-way flow model of network formation with small …
Persistent link: https://www.econbiz.de/10008838607
implications for contagion risk. In particular, we model a network formation process in the banking system. The trade-off between … networks that are resilient to contagion. Thus, in an equilibrium network, the probability of contagion is virtually 0. …
Persistent link: https://www.econbiz.de/10005136989
This paper studies network formation in settings where players are heterogeneous with respect to benefits as well as … the costs of forming links. Our results demonstrate that centrality, center-sponsorship and short network diameter are … groups as compared to across groups, strategic play by individuals leads to a network architecture in which there is a core …
Persistent link: https://www.econbiz.de/10005450764
paper continues on the work of Galeotti, Goyal and Kamphorst (2003). In their paper they investigate a model of network …
Persistent link: https://www.econbiz.de/10005144472
Finding proper policy instruments to promote productivity growth features prominently on the Lisbon agenda and is central in many national as well as European policy debates. In view of the increased mobility of high-skilled workers in Europe, ongoing globalization and increased interregional...
Persistent link: https://www.econbiz.de/10008838638
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10005136906
Spatial effects are endemic in models based on spatially referenced data. The increased awareness of the relevance of spatial interactions, spatial externalities and networking effects among actors, evoked the area of spatial econometrics. Spatial econometrics focuses on the specification and...
Persistent link: https://www.econbiz.de/10005137153
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10005137198
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10005144476
the concept of entrepreneurial city. A network connectivity model is adopted to assess connectivity patterns, using the …
Persistent link: https://www.econbiz.de/10005137391