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We demonstrate the possibility of shake-out of firms and emergence of inter-firmheterogeneity along the (socially optimal) dynamic equilibrium path of a competitive industry with freeentry and exit, even when there is no uncertainty and all firms are ex ante identical with perfectforesight....
Persistent link: https://www.econbiz.de/10011255543
Some 2000 years ago, the average annual distance a person would normally travel, was approximately 500 km. The action radius of most people remained rather stable, but it rose gradually after the industrial revolution to some 1820 km (by car, bus, railway or aircraft) in the year 1960. Then, a...
Persistent link: https://www.econbiz.de/10011256031
See also the article in <I>Cities</I> (2013). Volume 30, pages 59-67.<P> This paper introduces a new measure to approach the accessibility of places in the frame of the digital economy. Information and Communication Technologies (ICTs) and the Internet are not equally spread around places and this...</p></i>
Persistent link: https://www.econbiz.de/10011257500
This paper discusses the value that data from mobile phone providers can bring into urban analysis. The novel argument is that the pervasiveness of mobile phone telephony has transformed mobile phones from a communications device to a tool for socio-spatial research. Put simply, mobile phone...
Persistent link: https://www.econbiz.de/10011257601
The business performance of firms in the creative high-tech sector shows much variation. This paper examines whether the geographical location of such business firms influences the performance of these firms. The overarching analysis framework of this paper emerges from the recently developed...
Persistent link: https://www.econbiz.de/10011256830
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10011257059
This paper focuses on a new concern in the small firm’s literature, namely what makes a small firm stay in business for a long time. It reflects a change in economic policy, away from an emphasis on volume of start-ups to an emphasis on quality of start-ups. The basic hypothesis is that...
Persistent link: https://www.econbiz.de/10011257108
Fragmentation of production into more and more complex supply chains is a prominent feature of globalisation. It implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis of the various types of transaction costs is also...
Persistent link: https://www.econbiz.de/10011257331
In many countries, wind turbines are constructed as part of a strategy to reduce dependence on fossil fuels. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby houses. A unique house price dataset covering the period 1985-2011 is used, including...
Persistent link: https://www.econbiz.de/10011272577
Growing concern for climate change and rising scarcity of fossil fuels prompted governments to stimulate the development of renewables. This paper empirically tests whether feed-in tariff (FIT) policies have been effective in the development of photovoltaic solar (PV), explicitly taking into...
Persistent link: https://www.econbiz.de/10011255761