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Economic geography within and between European nations : the role of market potential and density across space and time
Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2009
In explaining the uneven spatial distribution of economic activity, urban economics and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...
Persistent link: https://www.econbiz.de/10003850511
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Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences
Brakman, Steven; Marrewijk, Charles van; … - 2009
welfare. This paper indicates that this might not happen for at least two reasons. First, energy markets, including the market … result, new entrants in the market are less efficient than incumbent firms. Second, energy markets, again including the … market for natural gas, are associated with capacity constraints. Prices are determined in residual markets where the least …
Persistent link: https://www.econbiz.de/10003857130