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In this study we have analysed policy interactions between an urban and a regional government which have different objectives (welfare of its own citizens) and two policy instruments (toll and capacity) available. Using a simulation model, we investigated the welfare consequences of the various...
Persistent link: https://www.econbiz.de/10011255918
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/10011256152
We present a continuous-time generalization of the seminal R&D model of d’Aspremont and Jacquemin (American Economic Review, Vol. 78, No. 5) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market...
Persistent link: https://www.econbiz.de/10011256291
to analyse if volatility among small traders spills over into spot markets, it is found that spillovers occur only with …
Persistent link: https://www.econbiz.de/10011256404
This paper explores the link between trade structure, trade specialization and per capita incomegrowth. It is argued that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10011256533
This paper investigates the international spillovers of government debt and the associated risk of inflation within a …
Persistent link: https://www.econbiz.de/10011257504
This paper presents a unified framework for characterizing symmetric equilibrium in simultaneous move, two-player, rank-order contests with complete information, in which each player's strategy generates direct or indirect affine "spillover" effects that depend on the rank-order of her decision...
Persistent link: https://www.econbiz.de/10011257530
We present an equilibrium-search model with heterogenous workers whosearch for a job in one of two sectors and who lose part of theirskills during unemployment. We show that an import tariff increasethe wage and the employment prospects in the protected sector. Thisresults in a labor market...
Persistent link: https://www.econbiz.de/10011257655
Index (MCI). The empirical findings show that TCI weighted by spillovers reveal greater significance in forecasting the …
Persistent link: https://www.econbiz.de/10011272578
production at different times. We discern the impact of knowledge spillovers on the investments in existing markets, as well as … between spillovers, R&D efforts, and surpluses is non-monotonic and dependent on both the relative and absolute efficiency of … firms. Larger spillovers increase the likelihood that a new technology is brought to production, but they do not necessarily …
Persistent link: https://www.econbiz.de/10011265234