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This paper provides a tractable dynamic stochastic general equilibrium framework with endogenous firm creation and destruction and variable technology utilization to analyze the macroeconomic impact of entry costs and fixed cost subsidies. Based on this setup, we revisit empirical and...
Persistent link: https://www.econbiz.de/10012317396
Over the last 60 years, regional economic analysis has been interested in identifying common patterns and regularities of regional economic structure. The identification of such patterns suggests that there predictable relationships between different levels of structural regional development....
Persistent link: https://www.econbiz.de/10011480974
Though most direct water use is generally associated with agriculture, and therefore with the production of food, there is a clear consensus that considering indirect water uses is a relevant factor to be considered in any environmental analysis. In this regard, the subsystems input-output...
Persistent link: https://www.econbiz.de/10011477222
The economic downturn has strongly impacted the Spanish labour market, resulting in the shedding of labour with significant differences across regions. Among them, the region of Andalusia is one of the most striking cases. Since the beginning of the crisis, the regional economy exhibited more...
Persistent link: https://www.econbiz.de/10011484500
Random utility modelling has been established as one of the main paradigms for the implementation of land use and transport interaction (LUTI) models. Despite widespread application of such models, the respective literature provides relatively little detail on the theoretical consistency of the...
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