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policies at the European level by integrating network, regional economic and macro-economic impacts. The paper presents the … static analysis, using estimates of trade cost changes due to new infrastructure links, obtained from a transport network … model. By performing a systematic and quantitative analysis of the spatial, network and socio-economic impacts of transport …
Persistent link: https://www.econbiz.de/10011511031
This paper presents an integrated model of urban agglomeration economies within a computable general equilibrium (CGE) model of global economic activity, energy use and carbon emissions to explore the theoretical and empirical nature of the interdependence of cities and the world economy in a...
Persistent link: https://www.econbiz.de/10011287054
We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are artificially boosted by an unrealistic treatment of fixed costs. We introduce sunk costs into one such model calibrated with real-world data. We...
Persistent link: https://www.econbiz.de/10014214412
We argue that the rationalization gains often predicted by static applied general equilibrium models with imperfect competition and scale economies are artificially boosted by an unrealistic treatment of fixed costs. We introduce sunk costs into one such model calibrated with real-world data. We...
Persistent link: https://www.econbiz.de/10013148360
The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and interregional labour migration. The...
Persistent link: https://www.econbiz.de/10011581448
The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10011523989
The present paper describes the construction and first empirical application of the TIGER model (TIGER is an abbreviation of "Transport and Infrastructure General Equilibrium model for Regions"). The TIGER model belongs to the group of regional CGE models, applying a mix of conventional...
Persistent link: https://www.econbiz.de/10011529522
Impact assessment of transportation investment policy is a challenging task as assessment outcome is sensitive to various attributes such as methodology, time period, scale and location of analysis. This study is conducted to evaluate regional impact of public transportation infrastructure in...
Persistent link: https://www.econbiz.de/10013061724
This paper analyzes the effect of skill heterogeneity on regional patterns of production and housing in the presence of pecuniary externalities within a general-equilibrium framework, assuming monopolistic competition in intermediate goods markets. It shows that the interplay of heterogeneous...
Persistent link: https://www.econbiz.de/10009564425
This paper analyzes the impact of skill heterogeneity on regional patterns of production and housing in the presence of pecuniary externalities within a general equilibrium framework assuming monopolistic competition at intermediate good markets. It shows that the interplay of heterogenous...
Persistent link: https://www.econbiz.de/10003852240