After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...

After having given a brief overview of important applications of recursive programming models which aim at partial optimization in economic dynamics: we present a reduced version of a type of recursive regional and sectoral allocation models suggested by Rainer Thoss. Then we discuss the...

In the growth context, this paper concentrates on the supply-demand determination of regional equilibrium incomes in regional goods markets as a framework for discussing the implications of competition among regions. Prices at the regional and national level are fixed so that all variables are...

This second part of the paper refers to a model, described in Part I, that has been designed to analyze alternative allocation strategies of regional economic growth policy: "movement of the workers to the jobs (passive factor stocks adjustment) or jobs to the workers" (active factor stocks...

The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we...

We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...