Environmental changes are predicted to exacerbate changes in flood events, resulting in consequences for exposed systems. While the availability and quality of flood risk analyses are generally increasing, very little attention has been paid to flood impacts related to the commercial market....

While it is clear that there has been a 'regional inversion' in American patent activity over the past 25 years (i.e. relative rise of the Northwest and Southwest at the expense of the traditional invention hotbeds of the Northeast and Midwest), the reason is still open to speculation. Intuition...

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...

The question of whether or not REITs compete for scarce capital across geographic space is deserving of attention. In this study we consider the issue of spatial competition among REITs across U.S. states in terms of the degree of interdependencies in financial capital demand. First, we motivate...

Exploiting the cascade structure of cities and based on a dataset for U.S. cities between 1840 and 2016, the aim of this short paper is to answer three important questions: First, do we observe that the U.S. city size distribution exhibits a smooth transition to Zipf's law from the beginning or...

Imagine a region suffering from a widening income gap that becomes eligible for a generous transfer programme (the treatment). Imagine difference-in-differences analysis (DD) — a before-and-after comparison of the income-level difference — shows that the handicap has risen. Most observers...

Exploiting the cascade structure of cities and based on a dataset for U.S. cities between 1840 and 2016, the aim of this short paper is to answer three important questions: First, do we observe that the U.S. city size distribution exhibits a smooth transition to Zipf's law from the beginning or...

This appendix presents evidence that the US size and growth data sets analyzed in the main body of the paper are consistent with the stylized facts of (i) Zipf's law in city size distribution tails; (ii) Lognormality of city size distribution bodies; (iii) Gibrat's law (approximately) for the...

I develop an explanation of Zipf's law that is consistent with the observed marked heterogeneity in the growth of US cities. The explanation is that heterogeneous growth results in heterogeneous size distributions across cities, with the heaviest tailed distributions being Zipf and dominating...

While it is clear that there has been a "regional inversion" in American patent activity over the past 25 years (i.e. relative rise of the Northwest and Southwest at the expense of the traditional invention hotbeds of the Northeast and Midwest), the reason is still open to speculation. Intuition...