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We study the location of various film-related services (such as camera rental, casting agencies or pyrotechnic services), the main determinant of interest being the human capital specificity. We show that firms which supply services with a lower firm specificity locate farther away from one...
Persistent link: https://www.econbiz.de/10004963761
Becker and Murphy (1988) constructed, in a well-known paper, a model of rational addiction in which people solve a dynamic optimization problem, choose an optimal timepath of drug consumption and thereby maximize lifetime utility. The model leads to the hypothesis that future consumption is a...
Persistent link: https://www.econbiz.de/10005068850
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 call neighbourhood effects. Elephants travel long distances,...
Persistent link: https://www.econbiz.de/10005068982
This paper is an attempt to provide evidence on two questions: Why do companies sponsor art events, and where exactly does the money go? We analyse data collected on the revenue structure of cultural institutions in Berlin and Hamburg. This data set not only tells us where the money goes, it...
Persistent link: https://www.econbiz.de/10005068991