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The equilibrium analyses under the classical growth framework mainly concern production processes so far and the utility-maximization of consumers is not considered sufficiently. Treating a consumer as a producer of labor or land-use right etc. with a utility parameter, this paper presents...
Persistent link: https://www.econbiz.de/10008683318
This study investigates whether accessibility shapes the attractiveness of residential land as predicted by theory. A spatial hedonic analysis is conducted for the metropolitan area of Berlin, Germany, using a large set of georeferenced property transactions and micro-level data. We find that...
Persistent link: https://www.econbiz.de/10005619568
Land is a key factor for any economic activity. Land market transactions play an important role in the process of economic transformation and development. Conventionally land is considered as a factor of production. However, it is increasingly becoming a speculative asset. It is in this context...
Persistent link: https://www.econbiz.de/10008577631
institutions in conditions of globalization and highly competitive environment. …
Persistent link: https://www.econbiz.de/10011271317
This article shows some important aspects of a worldwide, historical phenomenon: the globalization of commerce and art … unprecedented interactions. The central role played by the Viceroyalty of New Spain in this globalization has perhaps not been …
Persistent link: https://www.econbiz.de/10011258727
Solow’s growth model, as well as financial globalization and trade openness measures for a sample of 56 industrial and …
Persistent link: https://www.econbiz.de/10011258873
globalization on female employment in 33 OECD countries, using a pseudo micro panel on 110’000 persons from the World Values Survey …, 1981 to 2008. A traditional cross-country analysis suggests that only the social dimension of globalization, the worldwide …, the social dimension of globalization appears to work at the regional level only, while economic globalization (trade …
Persistent link: https://www.econbiz.de/10011258965
is argued here that the main cause of this malaise lies in the current processes of economic globalization, which … institutional arrangements for a people-friendly globalization. Specifically, this entails among other things close co …
Persistent link: https://www.econbiz.de/10011259012
The past 30 years have been witness to an inexorable change in the degree to which economies are connected internationally. At the same time, the 2007-2008 recession was the first ‘global recession’ in decades. This article explores how international trade and cross-border holdings financial...
Persistent link: https://www.econbiz.de/10011259105
This paper describes the socio-economic adjustment effects exerted by globalization (taking as starting points …
Persistent link: https://www.econbiz.de/10011259135