Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...

We develop hypothetical policy scenarios in this part of the paper which are simulated using a product-by-industry economic-ecological model to investigate their impacts on water and other ecological commodities. Results are expected to contribute to the establishment of alternative policy...

Gibt es in einem räumlichen Markt einzelwirtschaftliche und/oder gesamtwirtschaftliche, wohlfahrtstheoretische Anreize zur vertikalen Integration zweier Marktstufen in einer organisatorischen Einheit (Konzern)? Zur Beantwortung dieser Frage wird ein Modell vorgestellt, in dem die Standorte der...

A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...

We study the credibility of predation to deter entry in the linear Cournot shipping model of spatial competition with strategic location choice, both on the linear and circular markets. For a high enough discount factor, the monopoly is preserved, but the credibility of predatory conduct is...

In this paper, we examine the movement of container freight in, out and around the third largest maritime port in the United States and the use of toll facilities by these freight movements. Understanding how road pricing affects freight activity is of significant interest to transport planners,...

We examine the extent to which uncertainty delays investment and the effect of competition on this relationship using a sample of 1,214 condominium developments in Vancouver, Canada built from 1979-1998. We find that increases in both idiosyncratic and systematic risk lead developers to delay...

Geographical concentration of stores that sell similar commodities is pervasive. To analyze this phenomenon, this paper provides a simple two dimensional spatial competition model with consumer taste uncertainty. Given taste uncertainty, concentration of stores attracts more consumers since more...

This paper examines the impact of oligopsony power on the location decision of undifferentiated oligopolistic firms with free entry. In the case where the distance of an oligopolistic firm from the output market is held constant, it shows that the optimum location moves away from the...

En el presente documento se hace una revisión de los planteamientos más importantes de la Teoría de los Lugares Centrales (TLC) formulada por Walter Christaller, así como una exploración de los diferentes intentos de modelación que se han hecho de esta teoría en la economía espacial....