Showing 1 - 10 of 10,169
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but …, and markets in which separate operators own each public transport link. To do so, we consider a simple transport network … influenced by all fares in the network. We then use numerical simulations to show that, contrary to the results obtained in …
Persistent link: https://www.econbiz.de/10013098542
This paper posits a new approach to the 'wage equation' of the New Economic Geography (NEG). On one side, it is shown that the NEG provides a spatial explanation of marginal costs, instead of wages. On the other side, and focusing on the statistical properties of the data, it is explained why...
Persistent link: https://www.econbiz.de/10011477170
integration (such as the new economic geography, urbanization economics, and the theory of comparative advantages), surveys the …
Persistent link: https://www.econbiz.de/10011495323
For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...
Persistent link: https://www.econbiz.de/10013316995
ten years. The challenge now is, taking theory more seriously, to apply structural specifications, to exploit natural …
Persistent link: https://www.econbiz.de/10011575903
Transport costs are a crucial element of any spatial economic model. Surprisingly, good transport cost estimates at a detailed spatial level for the EU are not readily available. In this paper we address this issue by estimating a novel dataset of road freight transport costs for goods for the...
Persistent link: https://www.econbiz.de/10011992499
Persistent link: https://www.econbiz.de/10010126232
methodological tools assessing network characteristics at the dyadic level are lacking for aggregated networks (such as the network … knowledge flows. To do so we first define a new measure to assess 'network proximity' at the level of the regional dyad, based … European countries (France, Germany, Italy, Spain, the United Kingdom). The studied network is then composed of all the …
Persistent link: https://www.econbiz.de/10011487789
This paper undertakes the simultaneous estimation of import elasticities of substitution (trade elasticities) within European Union (EU) regions, differentiating between imports from regions belonging to the same country (national or interregional trade) and regions belonging to other EU...
Persistent link: https://www.econbiz.de/10012315562
The paper asks whether subsidies aiming to redistribute economic activity across regions can be justified with the welfare argument. Moreover, different tax systems are compared with respect to the size of the subsidy needed for achieving a certain spatial distribution of economic activity, and...
Persistent link: https://www.econbiz.de/10011572982