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We introduce knowledge spillovers as an externality in the production function of competitive firms operating in a finite spatial domain under adjustment costs. Spillovers are spatial as productive knowledge flows more easily among firms located nearby. When knowledge spillovers are not...
Persistent link: https://www.econbiz.de/10010189438
We explain the spatial concentration of economic activity, in a model of economic geography, when the cost of environmental policy - which is increasing in the concentration of emissions - and an immobile production factor act as centrifugal forces, while positive knowledge spillovers and...
Persistent link: https://www.econbiz.de/10008821862
Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity market liberalisation by merging market shares, since the year 2000, which reduces the number of suppliers and influences production and consumer prices. This paper discusses...
Persistent link: https://www.econbiz.de/10011589477
Recent studies suggest a considerable amount of horizontal strategic interaction amongst governments exists. The empirical approach in these studies typically relies on estimating reaction functions in a uni-dimensional policy framework, where a nonzero slope estimate suggests strategic...
Persistent link: https://www.econbiz.de/10011596979
We assess the extent of discrimination against gay and transgender individuals in the rental housing markets of four Latin American countries. We conducted a large-scale field experiment building on the correspondence study methodology to examine interactions between property managers and...
Persistent link: https://www.econbiz.de/10014461594
We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born...
Persistent link: https://www.econbiz.de/10011600165
We investigate the existence of wage premium due to cultural diversity across US cities. Using census data from 1970 to 1990, we find that at the urban level richer diversity is systematically associated with higher average nominal wages for white US-born males. We measure cultural diversity in...
Persistent link: https://www.econbiz.de/10011603417
The question of the spatial impacts of Information and Communication Technology (ICT) has animated intellectual and policy debate for a long time. At the beginning of the 1990s the advent of the Internet brought a new surge of debate: it was argued that the Internet would free the economy from...
Persistent link: https://www.econbiz.de/10011592746
Persistent link: https://www.econbiz.de/10014495961
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …
Persistent link: https://www.econbiz.de/10011286680