The purpose of this paper is to estimate impacts of core infrastructure investments in North Korea on South and North Koreas. The investment expenditures of core infrastructure projects in North Korea are calibrated as 9.35 billion US$ including highway, railroad and industrial complex. Since...

We develop a theory of economic disintegration that features both endogenously formed tax and trade policies. We show very generally that the economic disintegration of a country from an economic union leads to a deeper integration of international trade institutions. Moreover, we set up a...

The introduction of smartphones marked a transitional phase in the evolution of pricing for mobile communications service markets. Wireless operators migrated to supplying data centric tariffs which have characteristics that are different from the old, which makes it ever more difficult for...

Knowledge of whether, and over what range of output, there are economies or diseconomies of scale in providing local communal services is an important question from theoretical, practical and regional political point of view also. The theoretical side of the question is connected to the...

This paper revisits a classical inquiry by addressing the question of localization and urbanization economies. We propose that specialization and diversity may offer externalities operating at different spatial scales. Using high-resolution geo-coded plant-level panel data for Swedish cities...