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The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...
Persistent link: https://www.econbiz.de/10011332422
On the basis of a unique dataset the regional distribution of German multinationals and their Czech affiliates is analysed for both countries. The investigation covers market size and agglomeration features, distance issues, and labour market characteristics. Apart from the vital role of large...
Persistent link: https://www.econbiz.de/10011301487
We present a model of multinational firms that predicts that aggregated affiliates' sales fall in distance. The distance effect on foreign affiliate sales is driven by the extensive margin: distance affects the number of affiliates negatively while it has an ambiguous effect on the average...
Persistent link: https://www.econbiz.de/10010270089
Do investments in the Czech Republic lead to employment growth or employment losses in the German firms involved? To address this question, a unique database about German firms with foreign direct investments (FDI) in the Czech Republic and firms without FDI in any country has been established....
Persistent link: https://www.econbiz.de/10011527653
This paper analyses how several spatial variables coming from cities and transportation system can affect money market … supply, and hence the price and output levels. Key words: transportation, regional growth, convergence, congestion. JEL Class …
Persistent link: https://www.econbiz.de/10011318883
The main purpose of this paper is to estimate and evaluate the social costs of highways in Japan. In general, with more … people concerned about protecting the environment at both local and global levels, dependence on vehicular transportation in … necessary to measure correctly the social costs of vehicular transport such as traffic accidents, air pollution, noise, global …
Persistent link: https://www.econbiz.de/10011400421
ridership needs that exerts a substitution effect on air transportation, the main mode for long distance tourist mobility …. Finally, the analysis of HSR impacts on touristic cities receiving this mode of transportation does not show any …
Persistent link: https://www.econbiz.de/10011400441
Tourism doesn?t depend on a specific resource and enable the integration of local populations and economies, generating benefits that have a stronger effect on regional development. Literature main stream identifies tourism as one of the activities with high impact on the development and for...
Persistent link: https://www.econbiz.de/10011400648
In recent years, firms have considerably decentralized their research and development (R&D) activities. Subsidiaries of foreign multinational enterprises (MNEs) are now among the top performers of R&D in many EU and non-EU countries. Specifically, MNE affiliates account for around 20% of total...
Persistent link: https://www.econbiz.de/10011340672
The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...
Persistent link: https://www.econbiz.de/10010271899