Cities and towns are loci of population and production. In 2010, 80.7 percent of the United States population resided in urban areas, and the U.S. Bureau of Economic Analysis reported that in 2011, 90.1 percent of GDP was produced in metropolitan statistical areas (MSAs), emphasizing that urban...

Spatial homogeneity is a strong assumption in the hedonic housing price context; if not analyzed conveniently it can be a potential source of specification errors. Spatial heterogeneity occurs when a territorial segmentation exists in the housing market and, therefore, either the hedonic prices...

This paper draws on a sample of innovative Catalan firms to identify the effects of the two main sources of innovation - internal R&D and external R&D acquisition - on productivity in the manufacturing and service industries. The sample comprises a 3,267 firms from the CIS-4 for the years...

Land price analysis remains one of the active research fields where new methods, in order to quantify the effect of economic and noneconomic characteristics, continually push knowledge frontiers up. Nevertheless, so far, most of the research focus on measuring the causal effect to the mean value...