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Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …
Persistent link: https://www.econbiz.de/10011276950
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off …
Persistent link: https://www.econbiz.de/10010231018
We study house price convergence in panels of US states and metropolitan areas. Our analysis is centered on three … issues. First, we test whether the US house prices are converging over time using log t convergence test by Phillips and Sul … (2007). The test results suggest that there is little evidence of overall convergence. The second issue is to investigate …
Persistent link: https://www.econbiz.de/10010574766
China’s Hukou system poses severe restrictions on labor mobility. This paper assesses the consequences of relaxing … these restrictions for China’s internal economic geography. We base our analysis on a new economic geography model. First …, we obtain estimates of the important model parameters on the basis of information on 264 of China’s prefecture cities …
Persistent link: https://www.econbiz.de/10008784749
China’s Hukou system poses severe restrictions on labor mobility. This paper assesses the possible consequences of … relaxing these restrictions for China’s internal economic geography. We base our analysis on a new economic geography (NEG …) model. First, we estimate the important model parameters using data on 264 of China’s prefecture cities. Second, we use …
Persistent link: https://www.econbiz.de/10010608588
We introduce a new methodology to detect and measure economic activity using geospatial data and apply it to steel production, a major industrial pollution source worldwide. Combining plant output data with geospatial data, such as ambient air pollutants, nighttime lights, and temperature, we...
Persistent link: https://www.econbiz.de/10015361495
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …
Persistent link: https://www.econbiz.de/10011084166
Most of the earlier studies on the convergence of income in China are based on provincial level data with a few papers … very little evidence of convergence to the mean income in various spatial groupings. Furthermore, the empirical analysis …
Persistent link: https://www.econbiz.de/10010729533
This article represents an extension of the expansive credit risk and credit migration literature, prominent in the corporate bond and securities risk pricing literature, to an analysis of the drift of consumer credit scores. A rich data set of residential mortgages is used to observe credit...
Persistent link: https://www.econbiz.de/10010574765
In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...
Persistent link: https://www.econbiz.de/10014512060