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We investigate the differences and connections between discrete-space and continuous-space social interaction models. Although our class of continuous-space model has a unique equilibrium, we find that discretized models can have multiple equilibria for any degree of discretization, which...
Persistent link: https://www.econbiz.de/10011118534
It is considered that concentrations of economic activity in the market economy are formed according to the balance of agglomeration effects. Actually this scientific idealization is far from a reality. Agglomeration effects change much faster, than spatial distribution of economic activity....
Persistent link: https://www.econbiz.de/10010839454
In this paper we consider ML estimation for a broad class of parameter-driven models for discrete dependent variables with spatial correlation. Under this class of models, which includes spatial discrete choice models, spatial Tobit models and spatial count data models, the dependent variable is...
Persistent link: https://www.econbiz.de/10010954827
We study persistence in the geographic variation in market shares of branded goods in consumer packaged goods industries across 50 U.S. city-markets. We match scanner data on local market shares and survey data on local quality perceptions for the largest brands in 34 consumer packaged goods...
Persistent link: https://www.econbiz.de/10012747185
The relationship between industrial structure and economic performance has long interested researchers in regional science, industrial economics, and economic development. Research on the subject, however, has largely overlooked the influence that regional industrial dominance-regional...
Persistent link: https://www.econbiz.de/10012718796
Using a micro-level dataset of wind turbine installations in Denmark and Germany, we estimate a structural oligopoly model with cross-border trade and heterogeneous firms. Our approach separately identifies border-related from distance-related variable costs and bounds the fixed cost of...
Persistent link: https://www.econbiz.de/10010859355
This paper investigates whether the geographic distribution of manufacturing activities depends on the size of plants. Using Italian data, we find, as in Kim [Kim, S., 1995. Expansion of markets and the geographic concentration of economic activities: the trends in U.S. regional manufacturing...
Persistent link: https://www.econbiz.de/10010884497
Relevant market definition is still a key element of economic analysis of competition in the gasoline market. It is particularly difficult to handle when competition is local and market power is geographically constrained like is the case in the gasoline market. We analyse how the application of...
Persistent link: https://www.econbiz.de/10010903519
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10010903900
Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU land markets; in particular the capitalization of the...
Persistent link: https://www.econbiz.de/10010903904