The effect of spatial agglomeration (localisation and urbanisation economies) on employment growth is explored over a balanced panel of 23,374 Italian firms, using a flexible Bayesian model. Contrary to previous research, the agglomeration economies measures are calculated using direct measures of physical distances between pairs of firms, rather than with respect to pre-specified geographical ...

This paper examines the shifting influence of household characteristics and telecommunications infrastructure on the residential broadband adoption decision for Oklahoma residents between 2003 and 2006. In particular, the spread of wired telecommunications infrastructure (namely cable Internet and Digital Subscriber Lines (DSL)) is examined, along with the effect that this diffusion has had on ...

Consider a model of location choice by two sorts of agents, called “buyers”and “sellers:”In the first period agents simultaneously choose between two identical possible locations; following this, the agents at each location play some sort of game with the other agents there. Buyers prefer locations with fewer other buyers and more sellers, and sellers have the reverse preferences. We study the ...

We investigate the importance of market size as a determinant for industrial location patterns. In order to focus on a broad range of sectors, including services, both traded and non-traded goods are taken into consideration. In our model, traded goods industries always exhibit a ‘home market effect’ (HME), whereas the existence of such an effect for non-traded goods crucially hinges on the deg...

Unaffordable Housing and Local Employment Growth: Evidence from California Municipalities It is widely believed that unaffordable housing could drive businesses away and thus impede job growth. However, there is little evidence to support this view. This paper presents a simple model to clarify how housing affordability is linked to employment growth and why unaffordable housing could negativel...

This paper contributes to the debate on the inducement of environmental innovations by analysing the extent to which endogenous inducement mechanisms spur the generation of greener technologies in contexts characterized by weak exogenous inducement pressures. In the presence of a fragile environmental regulatory framework, inducement can indeed be endogenous and environmental innovations may be...

Although a rich and extensive body of theoretical research on new economic geography has emerged, empirical research remains comparatively less well developed. This paper reviews the existing empirical literature on the predictions of new economic geography models for the distribution of income and production across space. The discussion highlights connections with other research in regional an...

A new non-parametric method to estimate a decision maker's coefficient of absolute risk aversion from observed economic behaviour is explained. The method uses the expected value-variance (E-V) framework and quadratic programming. An empirical illustration is given using Norwegian farm-level data. © 2002 Elsevier Science B.V. All rights reserved. JEL classification: Q12; D81

harmful economic, environmental and financial impacts of fertilizer distribution through subsidies as well as its contradiction with regulations of wto, it makes necessary to adopt a new policy. in this study, by combining positive mathematical programming and maximum entropy technique, the impacts of cancellation of fertilizer subsidies and applying proposed direct payment policies on gross ma...