In the last decades China has experienced a sustained economic growth that has led to an exceptional increase in its income. Thanks to this performance, China is now one of the main actors on the world economic scene but, in spite of this economic opening, there has been no political opening and...

This paper explores for the first time the consequences of centrally imposed local tax limitations on the modelling and estimation of spatial auto-correlation in local fiscal policies, and compares three spatial interaction estimators: a) the conventional maximum likelihood estimator that...

Extending the application of integrated environmental and economic accounts from the national to the local level of government serves several purposes. They can be used not only as an instrument for communicating on the state of the environment and reporting the results of policies, but also as...

This paper proposes an agent-based simulation model exploring aggregate business fluctuations in an artificial market economy. It is inspired by the C++ agent-based simulation model in Howitt (2006), and proposes a modified NetLogo model, which provides new procedures and parameters aiming at...

The main thesis of the paper is that, while the US economy has widely adopted a fordist model of growth since 1908, and this has largely contributed to the building and consolidation of its economic pre-eminence, Japan and most Western European countries have adopted it mainly in the 1950-1973...

We present a model where an incumbent firm has a proprietary product whose technology consists of at least two components, one of which is patented while the other is kept secret. At the patent expiration date, an entrant firm will enter the market on the same footing as the incumbent if it is...

This methodological paper reviews different spectral techniques well suitable to the analysis of economic time series. While econometric time series analysis is generally yielded in the time domain, these techniques propose a complementary approach based on the frequency domain. Spectral...

Several empirical studies have established that tenure choice and households mobility decisions are highly correlated (Ozyildirim et al., 2005). In the literature, there have been two methods that have used to estimate tenure choice models. The first uses a sample of recent movers while the...

This paper investigates the impact of tax and public service performance on English local government popularity by using data on local property taxes, service performance ratings and local election results after the introduction of a system of evaluation of local government performance...