Local governments often charge developers impact fees to finance local public goods. This has been practiced in Chinese cities for more than two decades; however, no empirical studies have tested the effect of impact fees on real estate prices. Using a panel data set for 35 large- and...

The paper describes a theoretical approach to determine the downturn LGD for residential mortgages, which is compliant with the regulatory requirement and thus suited to be used for validation, at least as it can give benchmark results. The link between default rates and recovery rates is in...

The main goal of this paper is to analyze the level of development in the Agribusiness of the Brazilian region South for the years of 1985, 1990 and 1995; using inter-regional input-output analysis. The results obtained show: how the Agribusiness is structured inside the regions; and how the trade...

According to economic theory, supported by rich empirical evidence, the ability of an economy to accumulate a high quality human capital is an important factor of economic growth. Since economies better endowed with human capital grow at a higher rate, the mobility of skilled individuals should...

The recent work by E. Felice, Perché il Sud è rimasto indietro, il Mulino, Bologna, 2013, is rather a pamphlet than a book of economic history. In the present article, we discuss both the statistical series of regional GDP from 1871 until 2001 worked out by Felice (section 1), and the...

Resumo A construção de uma Linha de Transporte de Mercadorias (LTM), de Sines a Espanha, vem deitar achas na fogueira da confusão que reina acerca desta problemática. Confusão não só porque a calendarização para 2015 remete qualquer decisão efetiva para um horizonte politicamente...

This paper analyses the impacts of the implementation of a transportation infrastructure project over the regional and national economic growth and its contribution to the decrease of the regional disparities in Brazil, as far as accessibility is concerned. This paper takes, as an illustrative...

The purpose of this work is to verify the existence of possible tradeoffs between policies direct to reduce the emissions of greenhouse gases (GHGs) with the ones direct to foster the development of the Brazilian Amazon Region, considering its economic relations with the rest of the country and...

The infrastructure constitutes a support element, with particular importance for supporting all economic and socio- cultural activities. The infrastructure covers both structural field, giving unity to the system unit and the spatial field, thus achieving a viable or not territorial...