This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...

There is an abundant literature on industrial ecology aiming at explaining the survival propensity of recently started firms. The majority of the contributions concentrate on the characteristics of the entrepreneur, the new firm or the industry. Only a small minority of the existing studies...

The foreign direct investments (FDI) spillovers are probably the most extensively analyzed channel of knowledge spillovers (the most important channel for the transfer of knowledge and technology to firms of the host country). Scholars as well as policy makers increasingly treat FDI spillovers...

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...

Empirical evidence about income convergence among regions and countries is inconclusive and it is necessary to clarify the economic and institutional conditions for convergence. We investigate movements in the income distribution among regions in an integrated market with high mobility of labor,...

This paper studies the industry-specific relationship between industrial clustering and firm growth. The literature usually considers industrial clusters as positive for the general economic development of regions. In particular, their relationship with the formation rate of new firms and the...

Several authors (Berry 1970, Krugman 1996 or Eaton and Eckstein 1997, among many others) have experienced amazement about the accurate functioning of the law of "least effort" established by Zipf (1949) in most places. Cities, ranked by population, seem to follow almost exactly a log/log...

We exploit regional differences in labour market density to conduct a simple empirical test of dynamic monopoly and selection wage theories. According to selection wage theories employers offer above-average wages in order to attract more applicants. This allows them to be choosier and to select...

This initial paper of our interest on geography of online social network is based on a literature in which geographers reformulated major concepts and hypotheses in the '90ies due to revolutionary development of internet (Cairncross, 1997). Cyberspace quickly became central issue in...

In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether 'cities' are administratively defined Census places as in Eeckhout (2004) or economically defined area clusters as in Rozenfeld...