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Quarterly GDP Estimates for the German States: New Data for Business Cycle Analyses and Long-Run Dynamics
Lehmann, Robert; Wikman, Ida - 2023
To date, only annual information on economic activity is published for the 16 German states. In this paper, we calculate quarterly regional GDP estimates for the period between 1995 to 2021, thereby improving the regional database for Germany. The new data set will regularly be updated when...
Persistent link: https://www.econbiz.de/10014290190
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The Heterogeneous Effects of Entry on Prices
Fischer, Kai; Martin, Simon; Schmidt-Dengler, Philipp - 2023
We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations' gross margins. Consumers with easy access to information on prices gain the most from entry. The …
Persistent link: https://www.econbiz.de/10014377540
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TransNIEMO: Economic Impact Analysis Using a Model of Consistent Interregional Economic and Network Equilibria
Cho, JoongKoo; Gordon, Peter; II, James E. Moore; Pan, … - 2014
We describe a model that integrates a multi-regional input-output model of the U.S. (50 states and the District of Columbia) with the national highway network. Interstate commodity shipments are placed on a congestible highway network. Simulations of major choke-point disruptions redirect...
Persistent link: https://www.econbiz.de/10010333399
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The Crisis and Regional Resilience in Europe: On the Importance of Urbanization and Specialization
Brakman, Steven; Garretsen, Harry; van Marrewijk, Charles - 2014
Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region’s resilience to shocks, the degree of urbanization and specialization. We take the Great Recession, the economic and financial crisis that started in 2008, as our shock and then analyze...
Persistent link: https://www.econbiz.de/10010352435
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A Spatial Perspective on European Integration: Heterogeneous Welfare and Migration Effects from the Single Market and the Brexit
Henkel, Marcel; Seidel, Tobias - 2016
We use a quantitative model to study the implications of European integration for welfare and migration flows across 1,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on average, depending on the presumed trade...
Persistent link: https://www.econbiz.de/10011615844
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Top Lights - Bright Cities and their Contribution to Economic Development
Bluhm, Richard; Krause, Melanie - 2018
The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10012018102
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Pandemics, places, and populations: evidence from the Black Death
Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012018215
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The Evolution of Zipf's Law for U.S. Cities
Hackmann, Angelina; Klarl, Torben - 2018
Exploiting the cascade structure of cities and based on a dataset for U.S. cities between 1840 and 2016, the aim of this short paper is to answer three important questions: First, do we observe that the U.S. city size distribution exhibits a smooth transition to Zipf's law from the beginning or...
Persistent link: https://www.econbiz.de/10011931982
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It's all in Marshall: the impact of external economies on regional dynamics
Audretsch, David B.; Falck, Oliver; Heblich, Stephan - 2007
Marshall's student Pigou noted: It's all in Marshall. From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept of external...
Persistent link: https://www.econbiz.de/10010264206
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Looking for multiple equilibria when geography matters : German city growth and the WWII shock
Bosker, E. Maarten; Brakman, Steven; Garretsen, Harry; … - 2005
Many modern trade and growth models are characterized by multiple equilibria. In theory the analysis of multiple equilibria is possible, but in practice it is difficult to test for the presence of multiple equilibria. Based on the methodology developed by Davis and Weinstein (2004) for the case...
Persistent link: https://www.econbiz.de/10010271819