Transport infrastructure investment reduces the cost of distance and enables firms to establish contacts over larger distances. We study the impact of transport-cost reductions on firms’ export behaviour, accounting for the role of entry costs and other firms’ characteristics. Using Spanish...

Spatial econometrics is a fast-growing field in the series of quantitative disciplines, auxiliaries of economics and related social sciences. Space, friction, interdependence, spatiotemporal components, externalities and many other aspects interact and should be treated adequately in this field....

The purpose of this paper is to explore the relationship between social and economic factors on the economic loss and number of victims of natural disaster occurring in Indonesia using a pooled data from 2004 to 2008 of all provinces. This study found income as measured by GDRP per capita have...

We use establishment level longitudinal data to estimate agglomeration economies in the Ukraine for machine manufacturing and hi-tech industries. We differentiate state-owned, private-domestic-owned and private-internationally-owned firm types. Our baseline results are comparable to other firm...

The recovery of the Asia-Pacific from the global economic crisis of 2008-09 is underway but incomplete. Despite encouraging progress, major risks remain, ranging from slow growth and persistent unemployment to reemerging global imbalances and renewed financial volatility. The policies that...

This paper examines the evolution and causes of poverty in Cartagena, Colombia, during the period 2002-2005. We use a probabilistic model (probit) to identify the individual characteristics that explain the incidence of poverty in the city. We also examine the concept of vulnerability, defined...

In this paper we investigate the herding behaviour of the Bucharest Stock Exchange (BSE), using log periodic power laws models. By analysing the behaviour of the most speculative index from the Bucharest Stock Exchange, the BET-FI, we are able to demonstrate that Log-Periodic Power Law (LPPL)...

This discussion paper led to an article in <I>Urban Studies</I> (2014). Volume 51, issue 2, pages 390-411.<P> Modeling spatial heterogeneity (SH) is a controversial subject in real estate economics. Single-family-home prices in Austria are explored to investigate the capability of global and locally...</p></i>

This discussion paper resulted in a publication in <A href="http://link.springer.com/article/10.1007%2Fs10645-005-2933-4">'De Economist'</A>, 2005, 153(2), 139-165.<P> How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This...</p></a>

This paper aims to investigate whether the spatial pattern of creative industries in the Netherlands has a relationship with the presence of cultural heritage or, in a more general sense, cultural capital. It first shows how the creative sector developed between 1994 – 2009 in relation to...