Showing 1 - 10 of 18
This paper analyzes the impact of the German autobahn net on the economic performance of German regions. To address endogeneity and reverse causation problems, we use historical instrument variables, i.e. a plan of the railroad net in 1890 and a plan of the autobahn net in 1937. We find a...
Persistent link: https://www.econbiz.de/10010959588
The core-periphery model by Krugman (1991) has two 'dramatic' implications: catastrophic agglomeration and locational hysteresis. We study this seminal model with CES instead of Cobb-Douglas upper tier preferences. This small generalization suffices to change these stark implications. For a wide...
Persistent link: https://www.econbiz.de/10005822499
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in particular with respect to the shape of the location pattern and the efficiency of the market equilibrium. This reflects the fact that these models rely heavily on specific...
Persistent link: https://www.econbiz.de/10005233783
Côte d'Ivoire is the world’s largest producer and exporter of cocoa beans, it accounts for 40% of the WAEMU's output, and 11% of its population are immigrant workers. Any political instability in the country will not only affect the domestic economy, but it will also affect the international...
Persistent link: https://www.econbiz.de/10009294829
This paper studies equilibrium unemployment in a two-region economy where homogeneous workers and jobs are free to move and the housing market clears. Because of the Internet, searching for a job in another region without first migrating there is nowadays much simpler than in the past....
Persistent link: https://www.econbiz.de/10010720081
Intergenerational immigrant integration is central to the economic growth and social development of many countries whose populations comprise a substantial share of the children and grandchildren of immigrants. In addition to basic demographics, relevant economic theories and institutional...
Persistent link: https://www.econbiz.de/10010737582
We use Swedish register data to compare the employment and income of immigrants who intermarry natives versus those of immigrants who intramarry other immigrants in Sweden. We conduct the same analyses on three subsamples: labour migrants, refugees and family migrants. We find that intermarried...
Persistent link: https://www.econbiz.de/10010884098
This paper aims to test several hypotheses on the determinants of the quality of trade in cross-country regressions, taking a sample of trade competitors in EU markets. The hypotheses are those underlying two models of VIIT: the so-called neo-H-O model based on factor endowment and an "economic...
Persistent link: https://www.econbiz.de/10005763765
This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose's model by using FDI flows to test the original theory...
Persistent link: https://www.econbiz.de/10005761797
In this qualitative sociological and quantitative economic policy paper, we start out from the assumption of a very recent European Commission Background paper on the “Efficiency and effectiveness of social spending”, which says the effectiveness of social spending can be defined by the...
Persistent link: https://www.econbiz.de/10005762307