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Economic analysis of production processes and performance typically neglects consideration of spatial and industry inter-dependencies that may affect economic performance, although there is increasing theoretical recognition that such linkages may be both substantive and expanding. In...
Persistent link: https://www.econbiz.de/10011098022
The size and significance of public infrastructure investment impacts on costs and productivity of private enterprise, and thus on economic health and growth, has proven nebulous to empirically substantiate. Various studies using alternative theoretical and econometric methodologies, and for...
Persistent link: https://www.econbiz.de/10011098023
In recent years, many hubs in the highly interdependent U.S. air transport network have become congested, leading to delays for business travelers and freight shipments. Recent events in this industry may have temporarily reduced this congestion, but contributed to other types of disruptions....
Persistent link: https://www.econbiz.de/10011098024
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In this paper we postulate, measure, and evaluate the importance of cost-impacts from spatial and industrial spillovers for analysis of economic performance. To accomplish this, we incorporate measures of "activity levels" of related states and industries in a cost function model, and estimate...
Persistent link: https://www.econbiz.de/10004989488
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