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A linearized logit version of Pinkse and Slade's spatial GMM estimator reduces estimation to two steps—standard logit followed by two-stage least squares. Linearization produces a model that can be estimated using large datasets. Monte Carlo experiments suggest that the linearized model...
Persistent link: https://www.econbiz.de/10005238261
This article estimates the extent to which the manufacturing sectors of U.S. metropolitan economies face competition from abroad and, in turn, how much they export overseas.
Persistent link: https://www.econbiz.de/10005373193
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Tradable permit markets have become an increasingly popular tool to address environmental policy problems. This paper describes and evaluates the performance of the Regional Clean Air Incentives Market (RECLAIM) that started operating in Southern California at the beginning of 1994. In analysing...
Persistent link: https://www.econbiz.de/10009221235
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Motor vehicle and motor vehicle parts production plants tend to exhibit a strong degree of agglomeration. This paper estimates a spatial model utilizing detailed plant-level data that is pooled across seven countries in Europe. The paper makes several contributions. First, we assemble a set of...
Persistent link: https://www.econbiz.de/10014150851
In this article, we suggest that the geography of battery electric vehicle (BEV) production is influenced by factors such as agglomeration economics and economies of scale that also underlie the location of internal combustion engine vehicle production. With several dozen vehicle assembly plants...
Persistent link: https://www.econbiz.de/10014241444
How do newly opened auto plants influence the patterns of demographic change in an area? An answer to this question has important policy implications. Competition among communities to attract new manufacturing jobs is substantial. Local governments often provide significant economic incentives...
Persistent link: https://www.econbiz.de/10014142961
Using nonparametric descriptive tools developed by Duranton and Overman (2005), we show that both new and old auto supplier plants are highly concentrated in the eastern United States. Conditional logit models imply that much of this concentration can be explained parametrically by distance from...
Persistent link: https://www.econbiz.de/10014054094