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Social Capital, Public Spending and the Quality of Economic Development: The Case of Italy

Sabatini, Fabio - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...

Persistent link: https://www.econbiz.de/10005570362

Income and employment effects of shale gas extraction windfalls: Evidence from the Marcellus region

Paredes, Dusan; Komarek, Timothy; Loveridge, Scott - In: Energy Economics 47 (2015) C, pp. 112-120

New technologies combining hydraulic fracturing and horizontal drilling in oil and gas extraction are creating a sudden expansion of production. Residents of places where deep underground oil and gas deposits are found want to know about the broader economic, social, and environmental impacts of...

Persistent link: https://www.econbiz.de/10011189288

Another look at tax policy and state economic growth: The long-run and short-run of it

Atems, Bebonchu - In: Economics Letters 127 (2015) C, pp. 64-67

I use a spatial Durbin model to estimate the effects of taxes on state economic growth. Results indicate that taxes … have negative short-run and long-run own-state and spatial spillover effects on state growth. …

Persistent link: https://www.econbiz.de/10011189541

Intranational risk sharing and its determinants

Ho, Chun-Yu; Ho, Wai-Yip Alex; Li, Dan - In: Journal of International Money and Finance 51 (2015) C, pp. 89-113

We develop a model of risk sharing in which agents can pool their consumption risks in both national and local markets … and then smooth the remaining consumption fluctuations with credit markets. Estimating the model with a unique dataset on …

Persistent link: https://www.econbiz.de/10011190180

Regional implications of financial market development: Industry location and income inequality

von Ehrlich, Maximilian; Seidel, Tobias - In: European Economic Review 73 (2015) C, pp. 85-102

We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … clustering. This has immediate implications for income inequality both between regions and workers. According to our model …

Persistent link: https://www.econbiz.de/10011190195

Regional economic impacts of the shale gas and tight oil boom: A synthetic control analysis

Munasib, Abdul; Rickman, Dan S. - In: Regional Science and Urban Economics 50 (2015) C, pp. 1-17

The dramatic increase in oil and gas production from shale formations has led to an intense interest in its impact on local area economies. Exploration, drilling and extraction are associated with direct increases in employment and income in the energy industry, but little is known about the...

Persistent link: https://www.econbiz.de/10011190737

The impacts of natural disasters on plants' growth: Evidence from the Great Hanshin-Awaji (Kobe) earthquake

Tanaka, Ayumu - In: Regional Science and Urban Economics 50 (2015) C, pp. 31-41

-level data to re-examine the creative disaster hypothesis, which states that natural disasters enhance growth of firms or plants … employment and value added growth during the subsequent three years. …

Persistent link: https://www.econbiz.de/10011190738

Offshoring, globalization, and welfare

Zhou, Yiming; Zeng, Dao-Zhi - In: The North American Journal of Economics and Finance 31 (2015) C, pp. 75-93

We investigate the issue of offshoring in a general-equilibrium model of two countries and one sector of increasing … returns to scale. Our model uncovers that offshoring occurs and endogenously evolves in a bell-shaped pattern when trade costs …

Persistent link: https://www.econbiz.de/10011191067

Time variation in the relative importance of permanent and transitory components in the U.S. housing market

Kishor, N. Kundan; Kumari, Swati; Song, Suyong - In: Finance Research Letters 12 (2015) C, pp. 92-99

This paper uses an unobserved component model with heteroskedastic disturbances based on Harvey et al. (1992) to …

Persistent link: https://www.econbiz.de/10011191196

Participative Political Institutions and City Development 800Ð1800

Wahl, Fabian - European Historical Economics Society - EHES - 2015

This study investigates the effect of participative political institutions (PPIs) that emerged in many central European cities from the late 13th century. The empirical analysis of the paper is based on newly compiled long-run data for the existence of different types of PPIs in 104 cities in...

Persistent link: https://www.econbiz.de/10011193621