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The study of the geographical distribution of firms and of the dynamic pattern of firm entry and firm exits is a particularly relevant issue in regional health economics especially in the view of policy intervention to geographically balance health service supply and demand. The current state of...
Persistent link: https://www.econbiz.de/10011117442
This paper investigates nonlinearity in parametric spatial process models that incorporate regime-switching by means of a smooth transition autoregressive process. We derive a Lagrange Multiplier (LM) test for nonlinearity as well as several joint LM tests for nonlinearity and the traditional...
Persistent link: https://www.econbiz.de/10011117432
prewar Japan. Agglomeration improves the productivity of each plant through positive externalities which shift plant … distribution on the left. We find evidence of agglomeration effects that benefit less productive plants and selection effects in … studies that find positive agglomeration effects in the most productive firms, but no selection effects in cities (Combes et …
Persistent link: https://www.econbiz.de/10010785294
survival has largely ignored the potential effects from agglomeration. Recent studies in urban and regional economics suggest … that agglomeration effects may be very localized. Analyses of industry concentration at the MSA or county-level may fail to … on firm locations and characteristics for Texas, this paper analyses agglomeration effects on firm survival over …
Persistent link: https://www.econbiz.de/10010574122
, to analyze empirically the relative impact of endowments and agglomeration based on the application of a New Economic …
Persistent link: https://www.econbiz.de/10010577528
We explore the relative ability of local economies to retain their long-run growth dynamics when faced by the destabilizing effects of major shocks. Taking annual wage series for nineteen U.K. towns over the historical period 1871–1906, we fit a spatial panel data model to 1871–1890 data and...
Persistent link: https://www.econbiz.de/10010666084
Higher-order spatial econometric models that include more than one weights matrix have seen increasing use in the spatial econometrics literature. There are two distinct issues related to the specification of these extended models. The first issue is what form the higher-order spatial...
Persistent link: https://www.econbiz.de/10010608489
The recent progress of spatial econometrics has developed a new technique called the “spatial hedonic approach,” which considers the elements of spatial autocorrelation among property values and geographically distributed attributes. The practical difficulties in applying spatial econometric...
Persistent link: https://www.econbiz.de/10011052358
We model the behavior of rational forward-looking agents in a spatial economy. The economic geography structure is built on Fujita et al. (1999)'s racetrack economy. Workers choose optimally what to consume at each period, as well as which spatial itinerary to follow in the geographical space....
Persistent link: https://www.econbiz.de/10010636464
The present paper focuses on spatial sorting as a mechanism behind the well-established fact that there is a central region productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more productive firms sort themselves to the...
Persistent link: https://www.econbiz.de/10010785296