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passenger road traffic, total external costs amount to about 44 ECU/1000 pkm on the route Frankfurt -Milan, including the impact … of the transport modes, external costs of passenger road traffic are about 9 times as high as those of rail traffic and … about twice as high as those of air traffic. For goods transport by road, the total external costs (30.6 ECU/1000 tkm) are …
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In this paper we show that the recent model by Duranton (AER, 2007) performs remarkably well in replicating the city size distribution of West Germany, much better than the simple rank-size rule known as Zipf's law. The main mechanism of this theoretical framework is the "churning" of industries...
Persistent link: https://www.econbiz.de/10013316686
Flexibles Carsharing bietet in den Städten eine Alternative zum privaten PKW-Besitz. Der mögliche Beitrag dieser Dienstleistungen zu einer Reduktion der Autoanzahl wird aber immer wieder kontrovers diskutiert. Die empirische Datenbasis zu dieser Frage ist bisher noch relativ klein. Die...
Persistent link: https://www.econbiz.de/10012321537
Capital flows and real estate are pro-cyclical, and real estate has a substantial weight in economies' income and wealth. In this paper, we study the role of real estate markets in the transmission of bank flow shocks to output growth across German cities. The empirical analysis relies on a new...
Persistent link: https://www.econbiz.de/10012137065
This paper extends the urban growth model of Duranton and Puga (2022) to explore the impact of cities on local firms and households and the aggregate economy of Germany. We adopt alternative micro-foundations for agglomeration economies and a non-linear specification of human capital...
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