Showing 1 - 10 of 4,485
This study draws from the redevelopment, real option, and urban spatial growth literatures to explore the spatial dynamics of the components of house prices. More specifically, the paper proposes that the capitalized value of the option to redevelop housing at the property level can be estimated...
Persistent link: https://www.econbiz.de/10012995468
coordination of regional and environmental policies. -- landscape amenities ; migration ; local development ; hedonic models …
Persistent link: https://www.econbiz.de/10003892447
-based economy, their recommendations and strategies for regional economic development frequently contain elements how to intensify … discussed. After a critical review of the current state of research, policy strategies aiming to intensify knowledge spillovers … the elaboration of more efficient policy strategies. -- knowledge spillovers ; tacit knowledge ; codified knowledge …
Persistent link: https://www.econbiz.de/10003950729
Chile is characterized as being a country with an extreme concentration of the economic activity around Santiago. In spite of this, and in contrast to what is found in many industrialized countries, income levels per inhabitant in the capital are below the country average and far from the levels...
Persistent link: https://www.econbiz.de/10011392658
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...
Persistent link: https://www.econbiz.de/10011442662
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
Persistent link: https://www.econbiz.de/10011491966
Attention invited to the most workable cross sectoral interregional models relating to application tools of integrated analysis and forecasting (planning) where scenarios are defined by physical output indicators dependent on material, labor and capital costs together with objective production...
Persistent link: https://www.econbiz.de/10011503512
This paper investigates whether localization economies as brought forward by Marshall (1890) or urbanization economies as mentioned by Jacobs (1970) are more decisive for regional gross value added per capita. Our novel approach is to explicitly allow for interdependencies between these two...
Persistent link: https://www.econbiz.de/10011516048
Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...
Persistent link: https://www.econbiz.de/10011516485
The paper examines the relation between industrial mix and regional productivity growth. For this purpose, a dynamic model of the open economy with differentiated sectoral knowledge formation and incomplete interregional knowledge diffusion is constructed. The theoretical framework is first used...
Persistent link: https://www.econbiz.de/10010484505