Urbanization, industrialization and real estate reform have led to a vast growth of the real estate–construction sector in China. Using the 2002 and 2007 provincial input–output tables, this paper examines the importance of the real estate–construction sector in the Chinese economy by...

Becker (J Political Econ 99:1109–1116, <CitationRef CitationID="CR5">1991</CitationRef>) addresses the problem of persistent queues at popular restaurants. He poses the question why such restaurants do not raise their prices, thus reducing the queues while expanding profits. He presents a solution based on the assumption that demand by...</citationref>

We evaluate by means of Monte Carlo simulations the <b>W</b>-based spatial autoregressive model and the structural equation model with latent variables (SEM) to handle two types of simultaneously occurring weak spatial dependence: (i) spillover from a hotspot, and (iia) spillover from first-order,...

This paper analyzes the interstate distribution of awards made through the SmallBusiness Innovation Research (SBIR) Program operated by the U.S federalgovernment. The main finding is that awards tend to be made to firms in centersof innovative activity, where knowledge is most easily created and...

This paper discusses the effects of the investment premiums arrangement, which is one of the main instruments of regional economic policy in most Western countries. On the basis of theoretical considerations and various Dutch case studies, it is concluded that a basic revision of this policy...