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This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality which is mainly determined by the difference between the marginal and average risks. The model is estimated using a new dataset which...
Persistent link: https://www.econbiz.de/10011529350
We study optimal corrective taxation in the alcohol market. Consumption generates negative externalities that are non … externalities, then varying tax rates on different products can lead to welfare gains. We study this problem in an optimal tax … externalities are amongst heavy drinkers. A sufficient statistics approach is informative about the direction of reform, but not …
Persistent link: https://www.econbiz.de/10011817184
from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most …
Persistent link: https://www.econbiz.de/10011476047
from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most …
Persistent link: https://www.econbiz.de/10012969029
1997 to compute pairwise coagglomeration measurements for U.S. manufacturing industries. Industry attributes are used to … construct measures of the relevance of each of Marshall's three theories of industry agglomeration to each industry pair: (1 …
Persistent link: https://www.econbiz.de/10003461810
Standard models fail to explain variation in UK capital investment. This paper develops and tests a new theory based on the insights of Edmond Malinvaud, in which investment under uncertainty is adjusted to balance the cost of excess and deficient capacity. Using quarterly UK manufacturing data...
Persistent link: https://www.econbiz.de/10012760900
especially important. Productivity and wages vary greatly within as well as between industries. In any industry, manufacturers …
Persistent link: https://www.econbiz.de/10013235845
The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across countries. In particular, we assess the degree of persistence...
Persistent link: https://www.econbiz.de/10013316512
The paper examines the industry characteristics that are related to the shifts in competitiveness, measured as the …
Persistent link: https://www.econbiz.de/10014202482
This paper uses industry and firm data to look at price cost mark-ups and firm profit margins in U.K. manufacturing and …
Persistent link: https://www.econbiz.de/10014217044