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In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic … infrastructure both locally and supra-regionally. We furthermore provide evidence for the claim that insufficient maintenance and low … infrastructure conditions significantly slow economic growth through a negative correlation between GDP and the quality grade of …
Persistent link: https://www.econbiz.de/10012158402
The wage curve introduced by Blanchflower and Oswald (1990, 1994) postulates a negative correlation between wages and unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on unionized bargaining or the efficiency wage...
Persistent link: https://www.econbiz.de/10011415300
In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city center increases, both prices and population density diminish, for travel costs increase in terms of time and money. As...
Persistent link: https://www.econbiz.de/10011641021
The relevance of spatial effects in the wage curve can be rationalized by the model of monopsonistic competition in regional labour markets. However, distortions in extracting the regional unemployment effects arise in standard regional (i.e. NUTS) classifications as they fail to adequately...
Persistent link: https://www.econbiz.de/10011674105
This paper analyzes the effect of agglomeration economies on firms' total factor productivity. We propose the use of a control function approach to overcome the econometric issue inherent to the two-stage approach commonly used in the literature. Estimations are conducted separately for four...
Persistent link: https://www.econbiz.de/10011984430
Several countries and regions have introduced mandatory minimum distances of wind turbines to nearby residential areas, in order to increase public acceptance of wind power. Germany's largest federal state Bavaria introduced such separation distances of ten times the height of new wind turbines...
Persistent link: https://www.econbiz.de/10012226736
With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that...
Persistent link: https://www.econbiz.de/10012802561
While previous research found no other variable than corruption to have a negative impact on (the growth rate of) the African countries' elephant populations, we show that one further significant impact is exerted by what one might all neighbourhood effects. Elephants travel long distances,...
Persistent link: https://www.econbiz.de/10010260864
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10010260988
US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of...
Persistent link: https://www.econbiz.de/10010327255