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This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from … supply effects with an extensive set of time-varying fixed effects. Our estimates reveal that spillovers from highskilled …
Persistent link: https://www.econbiz.de/10012317611
joining the IEA set emissions to internalize some exogenously given fraction of the externalities that own emissions cause on …
Persistent link: https://www.econbiz.de/10013326522
We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free riders, who are unable to cooperate without...
Persistent link: https://www.econbiz.de/10013337734
Free mobility has not been thought of as an effective tool to correct over- or underproduction of externalities. In … this paper, we establish that foot voting can internalize the cost of negative externalities. Workers have to accept the … can effectively influence the equilibrium wage and rent to reflect the externalities by threatening to walk away if the …
Persistent link: https://www.econbiz.de/10011866892
well as differences in the importance of knowledge spillovers should be addressed with a detailed consideration of changes …
Persistent link: https://www.econbiz.de/10012619728
learning-by-doing spillovers, taking into account increasing marginal costs at the industry level due to limited availability … condition on production and spillovers under which less efficient, i.e. more costly, technologies should receive higher support …
Persistent link: https://www.econbiz.de/10012317289
15 reliable, expectations are lower and both cooperation and efficiency are significantly reduced. When there are costs … interaction. Effective reputation systems can increase trust and may improve efficiency in market settings. In recent years … reduces efficiency. We find that feedback manipulation generally decreases the reliability of average ratings in comparison to …
Persistent link: https://www.econbiz.de/10013330598
Persistent link: https://www.econbiz.de/10011717471
Persistent link: https://www.econbiz.de/10012101090
We set out a small, open economy model of a city, one with local housing, government production and a non-traded good. We observe that a positive shift in labor productivity in the export sector generally results in a larger, higher-wage and more densely settled city. Production of the local...
Persistent link: https://www.econbiz.de/10011505819