Showing 1 - 10 of 21
More than one third of the European Union's total budget is spent on socalled Cohesion Policy via the structural funds. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of the various European regions. Investigating the impact...
Persistent link: https://www.econbiz.de/10003881569
In a common market with costless mobility of all factors, regional governments can attract mobile firms by granting subsidies which must be financed out of wage taxes on mobile labour. Since firms locate where subsidies are highest and workers settle where taxes are lowest, government are forced...
Persistent link: https://www.econbiz.de/10011443380
The paper analyzes how geographical clustering of beneficiaries might affect the effectiveness of public innovation support programs. The geographical proximity of firms operating in the same industry or field of technology is expected to facilitate innovation through knowledge spillovers and...
Persistent link: https://www.econbiz.de/10011570574
We document a causal influence of online user-generated information on realworld economic outcomes. In particular, we conduct a randomized field experiment to test whether additional information on Wikipedia about cities affects tourists' choices of overnight visits. Our treatment of adding...
Persistent link: https://www.econbiz.de/10011778126
This paper investigates the functioning of regional labour markets in Italy and Germany for different employee groups …. In the light of high and persistent differences in unemployment and wage rates between the North and South of Italy and … Italy. In the case of Germany, results are quite sensitive to the model specification and the employee group considered. In …
Persistent link: https://www.econbiz.de/10003435419
In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for prudential … and political interference is not only a barrier to cross-border consolidation in Italy, but in other EU countries as well …
Persistent link: https://www.econbiz.de/10003918454
We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...
Persistent link: https://www.econbiz.de/10003936734
In recent decades, changes in parents' attitudes towards the importance of spending time with children to optimise their future behaviour and cognitive development have greatly affected patterns of time allocation among both working and non-working parents in all developed countries. We compare...
Persistent link: https://www.econbiz.de/10008902036
adaptation in Europe, and in particular Germany, Finland and Italy. Furthermore, a systematic overview on fiscal aspects of …
Persistent link: https://www.econbiz.de/10003989027
We investigate the sensitivity of consumer surplus estimates to parametric assumptions on individual preference heterogeneity in a discrete choice framework. We compare results from a parametric random coefficients logit model and a recently proposed nonparametric sieve estimator. In particular,...
Persistent link: https://www.econbiz.de/10008702154