Showing 1 - 10 of 47
Surveys of artists' location choices show that they disproportionately reside in large cities. This paper introduces a model that attempts to explain this urban preference. The model includes four factors: access to other artists; access to consumer demand; access to service jobs; and housing...
Persistent link: https://www.econbiz.de/10011052363
Measurement error in an independent variable is one reason why OLS estimates may not be consistent. However, as shown by Dagenais (1994), in some circumstances the OLS bias may be ameliorated somewhat given the presence of serially correlated disturbances, and OLS may prove superior to standard...
Persistent link: https://www.econbiz.de/10010608491
We suggest and compare different methods for estimating spatial autoregressive panel models with randomly missing data in the dependent variable. We start with a random effects model and then generalize the model by introducing the spatial Mundlak approach. A nonlinear least squares method is...
Persistent link: https://www.econbiz.de/10010664711
In this paper, we consider the Cox-type tests of non-nested hypotheses for spatial autoregressive (SAR) models with SAR disturbances. We formally derive the asymptotic distributions of the test statistics. In contrast to regression models, we show that the Cox-type and J-type tests for...
Persistent link: https://www.econbiz.de/10010666092
In this paper, we first generalize an approximate measure of spatial dependence, the APLE statistic (Li et al., 2007), to a spatial Durbin (SD) model. This generalized APLE takes into account exogenous variables directly and can be used to detect spatial dependence originating from either a...
Persistent link: https://www.econbiz.de/10010574119
Investments in transport infrastructure have been widely used by decision makers to encourage economic growth, particularly during periods of economic downturn. There has been extensive research on the linkage between transport infrastructure and economic performance since the late 1980s,...
Persistent link: https://www.econbiz.de/10010703147
This paper investigates how layoffs due to import competition affect new and existing businesses at a highly local level. To conduct our analysis, we construct measures of import-related layoffs at the ZIP code level and combine these with ZIP code-level establishment counts. We find that...
Persistent link: https://www.econbiz.de/10010931299
This paper explores the problems associated with the location choice of newly created establishments at the aggregate level. Much work has been done in this domain, however, several issues arise when analyzing involved phenomena, which scholars have yet to fully explore: 1) addressing the excess...
Persistent link: https://www.econbiz.de/10010931315
Variation in regulatory costs over time and across different types of investment projects creates risk for developers who hold land. These so-called implicit costs, which arise as a result of regulatory delay in the land development process, are hypothesized to be potentially large, but...
Persistent link: https://www.econbiz.de/10011209294
We use detailed micro-geographic data to document the location patterns of Canadian manufacturing industries and changes in those patterns during the first decade of 2000. Depending on industry classifications and years, 40 to 60% of industries are geographically localized, i.e., are spatially...
Persistent link: https://www.econbiz.de/10011209296