This paper incorporates the behavioral labor economic perspective into the traditional Harris-Todaro rural-urban migration model. We study cases in which one's utility is not only determined by his own wage, but also by wages of others. In our theoretical models, rural-urban migration is driven...

This paper searches for roots of current spatial pattern of professional services in location of Soviet-era R&D sector. The Soviet economy sponsored massive R&D oriented mainly on military purposes. Research was carried out in large institutions affiliated with academia or industry. After the...

The Armenian economy has been growing strongly in recent years. The country has successfully implemented a comprehensive stabilisation and a structural reform program in energy sector. Although now Armenia almost completely depends on imported energy. The most domestically produced primary...

Environmental Economic Efficiency for the Road Construction in Indonesia: An Analytic Hierarchy Process ANY WAHYUNI Graduate School of Environment and Life Science Engineering, Toyohashi University of Technology YUZURU MIYATA, Hiroyuki Shibusawa Graduate School of Architecture and Civil...

This paper develops a methodology to predict and to thus possibly mitigate the economic impacts of major catastrophes, such as earthquakes and tsunamis. The short-run impacts are assumed to be determined by the attempts of economic actors to return to the pre-catastrophe economic situation as...

Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. In this paper we jointly analyze these three aspects of spatial data. We...

SUMMARY ― In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period...

The difficulties of agglomeration effects estimation are caused by the problem of unobserved features of heterogeneous cities, industries, enterprises and even employees, related to both the dependent variable (enterprise-level labor productivity) and the specific characteristics of...

The focus of our contribution is to shed light on the importance of firm agglomerations and FDI as drivers of firm survival in Italy. We focus upon different types of agglomeration economies related to the geographical context checking how these economies impact differently on heterogeneous...

A key aspect of understanding how regions grow is the interplay between jobs in the tradable and jobs in the non-tradable sector. Jobs in the tradable sector supply the world market and can therefore move from region to region, but every region has a local demand for non-tradable goods and the...