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Recently gravity trade models are applied to disaggregated trade data. Here many zeros arecharacteristic. In the presence of excess zeros usual Poisson Pseudo Maximum Likelihood(PPML) is still consistent, the variance covariance matrix however is invalid. Correcteconomic interpretation however...
Persistent link: https://www.econbiz.de/10009446184
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to city planning students: location theory, the interplay between externalities and zoning, international trade and … globalization, and housing finance. Few incoming students have had prior exposure to these topics. The first two-thirds of the … semester is given over to Microeconomics (11.203). It is designed for incoming city planning students with little or no …
Persistent link: https://www.econbiz.de/10009433233
particular interest to city planning students: location theory, the interplay between externalities and zoning, international … trade and globalization, and housing finance. Few incoming students have had prior exposure to these topics.The first two …-thirds of the semester is given over to Microeconomics (11.203). It is designed for incoming city planning students with little …
Persistent link: https://www.econbiz.de/10009433298
This dissertation studies models for locating facilities in time varying demandenvironments. We describe the characteristics of the time varying demand that motivatethe analysis of our location models in terms of total demand and the changein value and location of the demand of each customer....
Persistent link: https://www.econbiz.de/10009464879
Die vorliegende Arbeit untersucht wissenschaftlich anhand eines theoretischen Modells, wie sich internationale Migration auf die Volkwirtschaft des Aufnahmelandes auswirkt – nicht nur im Rahmen der EU-Osterweiterung. Kapitel eins enthält neben einer Hinführung zum Thema einen allgemeinen...
Persistent link: https://www.econbiz.de/10009450197
This study applies the gravity trade model to assess South Africa-Angola trade potential in the agriculturalsector. A step-by-step example of the model's empirical implementation is also provided. It is found thatthe gravity model, with foundations in the physical sciences, is a useful...
Persistent link: https://www.econbiz.de/10009456190
The theory of optimum currency areas states that the more two countries trade with each other, the better candidates they are for a currency union. In terms of the endogeneity argument, convergence follows from joining a currency union and the integration process itself turns the countries into...
Persistent link: https://www.econbiz.de/10009457804
This paper assesses the implications of spatial dependence of outward FDI flows toclarify the importance and prominence of complex foreign direct investment bymultinational enterprises, which are neither purely horizontal nor vertical integrationstrategies. Empirical tests compare the ordinary...
Persistent link: https://www.econbiz.de/10009458931