Showing 1 - 10 of 108
We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology diffuses spatially across locations. The result is an...
Persistent link: https://www.econbiz.de/10010272384
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of Italian regions between 1963 and 1993 and find strong evidence that both mechanisms were at...
Persistent link: https://www.econbiz.de/10010312630
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010272476
This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10010312277
It is a largely accepted idea that complexity and recent global phenomena have generated a multi-layered diversification process in Western societies. Migration phenomena are largely responsible for this process both in receiving European societies as well as in original sending countries....
Persistent link: https://www.econbiz.de/10010294954
In the domain of desertification and climate change an important amount of new knowledge and research material has been obtained from the many projects carried out in the EU-DG12 Environment and Climate programme. However, so far little effort has gone into making this scientific material...
Persistent link: https://www.econbiz.de/10011608777
We estimate the relationship between urban spatial expansion and its socio-economic determinants in Lombardy, the most urbanised region of Italy (and one of the most urbanized of the European Union), at the municipality level. Test results suggest that this relationship varies significantly...
Persistent link: https://www.econbiz.de/10011662413
The intrinsic complexity of the sustainability concept challenges research towards more sophisticated ways to model and assess the dimensions underlying it. However, currently adopted modelling techniques and indicators frameworks are not able to give an integrated assessment through the...
Persistent link: https://www.econbiz.de/10010270927
In recent years a growing body of literature has begun to consider the possible presence of path dependence in the development processes of countries. This phenomenon has always been recognized in regional and urban studies because the path of development almost naturally follows a...
Persistent link: https://www.econbiz.de/10010272411
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...
Persistent link: https://www.econbiz.de/10010272455