Showing 1 - 10 of 55
This paper studies the effects of hosting Olympic Games on the regional economy in the short- and long-run. For identification, runners-up in the Olympic bidding process are used to construct the counterfactual for Olympic host regions. In the short-run, hosting Summer Olympics boosts regional...
Persistent link: https://www.econbiz.de/10012134046
We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...
Persistent link: https://www.econbiz.de/10013466939
We estimate a linear approximation of the market potential function derived in geography and trade models. Using a spatial econometric estimation approach, border effects can be identified by a differential impact of neighboring regions' purchasing power, depending on whether two regions are...
Persistent link: https://www.econbiz.de/10011494816
It has become increasingly common to allocate highway franchises to the bidder that offers to charge the lowest toll. Often, building a highway increases the value of land held by a small group of developers, an effect that is more pronounced with lower tolls. We study the welfare implications...
Persistent link: https://www.econbiz.de/10011609418
I evaluate India's transition from an inward-oriented development strategy to greater participation in the world economy. While tariff rates have decreased significantly over the past decade, India is still one of the more autarkic countries. Despite improvement over the past in export...
Persistent link: https://www.econbiz.de/10011609649
Public-private partnerships (PPPs) cannot be justified because they free public funds. When PPPs are justified on efficiency grounds, the contract that optimally balances demand risk, user-fee distortions and the opportunity cost of public funds, features a minimum revenue guarantee and a...
Persistent link: https://www.econbiz.de/10003810983
We were asked to discuss specific methodological approaches to evaluating three hypothetical interventions. This article uses this forum to discuss three misperceptions about randomized trials. First, nobody argues that randomized trials are appropriate in all settings, and for all questions....
Persistent link: https://www.econbiz.de/10003851843
Der öffentliche Sektor als Produzent und Konsument von Gütern und Dienstleistungen spielt für Fortschritte in Hinblick auf die ökologische Entwicklung eines Landes eine wichtige Rolle. Das Working Paper beschäftigt sich mit der Erfassung der ökologisch relevanten öffentlichen Ausgaben in...
Persistent link: https://www.econbiz.de/10013490726
We find very fast convergence in productivity for the 99 3-digit European industries over the 1985-1998 period …. According to our estimates half of any productivity gap is closed on average in 10 years. The speed of convergence is much … higher than obtained previously in the literature. Convergence in industrial structure is, however, much slower than …
Persistent link: https://www.econbiz.de/10011491798
performance to indicators of cost, regulation and investment into future growth. The convergence process is different in speed … than in the EU. Convergence had been strong in the sixties, disappointing and very different for the three countries in the …
Persistent link: https://www.econbiz.de/10011494163