Using a simplified theoretical model, we illustrate the potential existence of a market failure in the location of economic activity, which could lead to an exaggerated concentration in the core region. Based on this, we analyze whether a public policy intervention of decreasing the mobility...

This analysis examines the effects of reducing the supply of foreign-born labor on the Idaho economy. We estimate effects on gross state product, state and local tax revenue, total economic output, employment, wages, and changes in household welfare measured as equivalent variation. Estimates of...

This paper is concerned primarily with the economic and welfare consequences of federal redistributive grants to regional governments. We use a model that has two regions, each with households, firms, and a regional government as well as a federal government. The households, firms, and regional...

This paper uses a monocentric city model to examine the effects of big box retailing on local retail prices, land values and utility. Relative to small local retailers, the big box offers a price discount that increases in its marginal cost advantage. Big box entry reduces local retail prices...

The debt overhang hypothesis suggests that high debt levels retard prospects for GDP growth. We investigate the impact that debt overhang has had on recent GDP growth in the Eurozone, paying particular attention to the spillover effects that debt has on neighboring countries. We argue that in...

This paper explores whether the adoption and use of mobile phones in Africa following the United Nations Millennium Development Goal number 8 is seminal relative to other Information and Communication Technologies (ICTs). The dataset consists of the number of Internet users, computer users, and...

In spatial discrete choice models the spatial dependent structure adds complexity in the estimation of parameters. Appropriate general method of moments (GMM) estimation needs inverses of n-by-n matrices and an optimization complexity of the moment conditions for moderate to large samples makes...

We analyze the impact of economic development policies and highway infrastructure improvements on growth of per capita income and jobs in Michigan counties. The policies considered for analysis have significant impact on growth outcomes. However, this effect is non-linear. Significant...

This study uses modeled Small Area Estimates data to analyze the labor market influences on child poverty rates in local areas. These data support analysis of small geographic areas as well as at different points of the business cycle. Statistical tests appropriate for data with geographic and...

Using U.S. county data from 1990 and 2000, a family of spatial models examining growth in population and employment are reported. Special attention is paid to the role of microenterprises--firms with less than five employees--in predicting economic growth. Results suggest that microenterprises...