This paper examines efficiency in the provision and utilization of a congestible public input in a symmetric tax competition framework with wage rigidities. Despite the fact that also lump-sum taxation is available for regional governments, second-best efficiency emerges only as a special case...

We here expand the static tax competition models in symmetric small regions, which were indicated by Zodrow and Mieszkowski (1986) and Wilson (1986), to a dynamic tax competition model in large regions, taking consideration of the regional asymmetry of productivity of public capital and the...

This paper focuses on the income distribution of households in Barcelona Metropolitan Area. For this purpose we use the Monocentric model. As the basic model does not have direct implications for this distribution, we survey the extensions of the model that have been used in empirical...

Researchers have repeatedly noted that the results in spatial-econometric studies depend significantly on the level of regional aggregation (Jacobs-Crisioni et al., 2014; Kang et al., 2014, Baltagi, Li, 2014). Currently, hierarchical models can contribute a lot to the studies of spatial effects...

Observed and unobserved regional determinants of FDI inflows: micro level analysis of the food industry firms in Russia The development of Russian food industry is strategically important. Theoretically, the foreign capital inflow will help to renovate, modernize it and increase the...

It is quite common in convergence analyses across regions that data exhibit strong spatial dependence. While the literature adopting the regression approach is now fully aware that neglecting this feature may lead to inaccurate results and has therefore suggested a number of statistical tools...

Minimum wages may be an important instrument to reduce income inequality in a society and to promote socially inclusive economic growth. While higher minimum wages can support the Chinese transformation towards consumption driven growth, they can worsen the price competitiveness in export...

This paper explores the problems associated with the location choice of newly created establishments at the aggregate level. Much work has been done in this domain, however, several issues arise when analyzing involved phenomena, which scholars have yet to fully explore: 1) addressing the excess...

This paper investigates the relationship between volatility and economic growth in the European regions over the period 1995-2008. To that end, we estimate a two-way fixed effects panel data model using spatial econometric techniques that allow us to incorporate into the analysis the relevance...