Economists have previously suggested that gains from marriage can be generated by complementarities in production (gains from specialization and exchange) or by complementarities in consumption (gains from joint consumption of household public goods and joint time consumption). This paper uses...

Relationships have changed dramatically in the last fifty years. Fewer couples are marrying, more are cohabiting. Reasons for this shift abound, but the shift may have consequences of its own. A number of models predict that those cohabiting will specialize less than those marrying. Panel data...

Relationships have changed dramatically in the last fifty years. Fewer couples are marrying, more are cohabiting. Reasons for this shift abound, but the shift may have consequences of its own. A number of models predict that those cohabiting will specialize less than those marrying. Panel data...

The economic crisis has resulted in the shedding of labour characterised by significant differences across the Spanish regions, among which the case of Andalusia stands out. This paper aims to explain the events that occurred between 2005 and 2010, focusing on analysing the region's productive...

Today, the interest in the old industrial complex's regeneration project is heightened. That's because the existing industrial complex leading Korea's growth period has declined by external factor including economic recession and industrial structure change and because the need of regeneration...

This study quantifies the significant economic gains that are expected to be revealed through the abolition or relaxation of local content based policies. The work analyses two specific local content policies affecting directly or indirectly the shipbuilding industry in two countries: Brazil’s...

Based on the national Input-Output Matrix (IOM) 2012 calculated by INEGI, we use Flegg's approach to estimate four regional Input-Output Matrices (RIOMs) using Banco de México's regionalization (Northern, North-Central, Central and Southern). The RIOMs are employed to evaluate the impact on...

This paper establishes an economic theory of information value and volume that differs from Shannon's mathematical theory of communication (Shannon, 1948). The economics of information should be recognized as an important frontier field of economics to explore the 4th industrial revolution...

We describe a model that integrates a multi-regional input-output model of the U.S. (50 states and the District of Columbia) with the national highway network. Interstate commodity shipments are placed on a congestible highway network. Simulations of major choke-point disruptions redirect...