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This paper studies the equilibrium size of countries. Individuals in smallcountries have greater influence over the nature of political decision mak-ing while individuals in large countries have the advantage of more publicgoods and lower tax rates. The model implies that (i) there exists...
Persistent link: https://www.econbiz.de/10011334838
This paper argues that the conventional definition of the elasticity of complementarity is not well suited to deal with … definition of the elasticity of substitution. …
Persistent link: https://www.econbiz.de/10011337999
European economic integration is commonly believed to be incomplete, and that further reforms are needed. In this context, the union of U.S. states is considered the benchmark of complete economic integration and is often the basis for comparison regarding the extent of E.U economic integration....
Persistent link: https://www.econbiz.de/10011379627
The Spatial Interaction Model proposed by Alonso as "Theory ofMovements" offers a new specification of spatial origin … Theory of Movement. It will be demonstrated thatAlonso's model contains Wilson's Family of SpatialInteraction Models as …
Persistent link: https://www.econbiz.de/10011303870
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This paper investigates how in addition to personal characteristicstheneighborhood affects the individual transition rate from welfare towork.We use a unique administrative database on welfare recipients in Rotterdam,the second largest city of The Netherlands. We find that the exitrate towork of...
Persistent link: https://www.econbiz.de/10011302608
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This study aims to explain the variation in empirical estimates in the literature on the elasticity of foreign direct … appears to significantly affect the elasticity values. …
Persistent link: https://www.econbiz.de/10011346456