Showing 1 - 10 of 1,932
This paper studies how limitations on land suitable for development affect within-city variation in urban density and its three components: crowding, residential coverage, and building height. We use the high variation in geographical obstacles − such as steep land slopes and the presence of...
Persistent link: https://www.econbiz.de/10013243249
We provide new evidence from the 1980, 1990, and 2000 Decennial Census of Housing that the expenditure share on housing is constant over time and across U.S. metropolitan areas (MSA). Consistent with this observation, we consider a basic model in which identical households with Cobb-Douglas...
Persistent link: https://www.econbiz.de/10013316666
In this paper, we analyze several local referendums on land development and land-use regulation in the City of Erlangen (Germany) in the period between 2011 and 2018. To identify the positive influence of the travel distance on approval for the development of land, we employ a two-way...
Persistent link: https://www.econbiz.de/10012844203
are endowed with idiosyncratic entrepreneurial creativity the realization of which requires urban agglomeration linked to …
Persistent link: https://www.econbiz.de/10012892257
Redistributive grants schemes, such as fiscal equalization, are a common characteristic of local public finance in several countries. However, large and small jurisdictions are treated differently by the respective fiscal equalization schemes that often tend to favour larger jurisdictions. This...
Persistent link: https://www.econbiz.de/10010264475
In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of … propensity to export. This renders the home market more important speaking against agglomeration. We also relate changes in firm …
Persistent link: https://www.econbiz.de/10010291502
capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and …
Persistent link: https://www.econbiz.de/10010274986
Our paper extends the capital tax competition literature by incorporating heterogeneous capital and agglomeration. Our … model nests the standard tax competition model as well as the special case in which there is agglomeration but no firm …/capital heterogeneity and the opposite case, firm heterogeneity with no agglomeration. We build on the existing tax competition literature …
Persistent link: https://www.econbiz.de/10010261260
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...
Persistent link: https://www.econbiz.de/10012892151
The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality ‘nexus’ in the presence of both the formal and the informal sources of borrowing. Using empirical evidence of IHDS Survey data for two rounds the study...
Persistent link: https://www.econbiz.de/10012892155