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the theory of international production and the theory of economic geography. It develops a model for explaining why …
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In the context of EMU fiscal equalization schemes have been proposed as a means to stabilize regions against asymmetric shocks. A theoretical analysis shows that besides reducing the cross-sectional income variance the redistributive element of fiscal equalization causes incentive effects for...
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central to a theory of network evolution. Especially, we focus on the growth of innovator networks and their structural change …
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