This paper adopts a search model to examine individual seller’s pricing strategy under two market conditions: first, sellers have reference-dependent utility; second, the housing market is less heterogeneous, such as multi-unit residential market. Acknowledging the fact that units in the same...

This paper examines the small-sample performance of spatial HAC (SHAC) estimators of the standard errors on parameters. We find that, in small to moderately-sized datasets, the use of HAC estimators may be recommended only with a relatively large degree of cross-sectional interdependence.

The production of ethanol and sugar from sugar cane has sharply increased in Brazil in the last 20 years, in a process of substitution of biofuel for fossil fuels. The increase in the production and the expansion of the cultivated area might have impacts on human health and employment,...

Constitutions are commonly regarded as uniquely national products, shaped by domestic ideals and politics. This paper develops and empirically investigates a novel hypothesis, which is that constitutions are also shaped by transnational influence, or “diffusion.” Constitutional rights can...

<Para ID="Par1">The connection between agriculture and environment is a central topic to the agricultural policy agenda and it has been the core of policy reforms. These linkages have been strengthened by the 2003 Common Agricultural Policy (CAP) Reform that has introduced a set of environmental rules as a...</para>

The paper focuses on the issue of the modifiable areal unit problem, which means a possibility of obtaining various results for spatial economic analyses depending on the assumed composition of territorial units. The major research objective of the work is to examine the scale problem that...