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Regional disparities are pronounced and persistent. Regional data of high quality are needed to improve the understanding of the origins and consequences of regional disparities and the effectiveness of regional policies through empirical analysis. Against the background of existing problems...
Persistent link: https://www.econbiz.de/10014431575
This paper analyzes fiscal competition among numerous spatially- separated jurisdictions in an explicitly dynamic framework. The degree of factor mobility between jurisdictions is imperfect because it is costly and time-consuming to adjust factor stocks. Even if it is harmful in the long run, a...
Persistent link: https://www.econbiz.de/10009781651
This paper shows that there exist simple and intuitive solutions to the somewhat complex dynamics that often results from Parrondo games which can easily be traced out and understood by using simple flowcharts. The analysis is based upon four different types of Parrondo games. The relationship...
Persistent link: https://www.econbiz.de/10013083524
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10011524125
The objective of the present paper is to study the impact of R&D investment on inter-regional labour migration and inter-sectoral labour reallocation in the EU, specifically at regional level. In order to capture important general equilibrium effects, we employ a structural NEG model called...
Persistent link: https://www.econbiz.de/10011508670
The urban and regional influence of contemporary passengers, goods and information traffic within the new global economy based on knowledge and logistics, and the physical structures that shape the networks (harbours, airports, train stations, motorways) are assumed as capitally important....
Persistent link: https://www.econbiz.de/10011540895
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