Showing 1 - 10 of 11
Our article analyses the determinants of the decision of French municipalities to raise the “taxe locale d’équipement”, a local development tax which can be regarded as a price measure to control growth. We model the decision to raise this tax as the result of a political struggle between...
Persistent link: https://www.econbiz.de/10010693663
In hedonic housing models, the spatial dimension of housing values are traditionally processed by the impact of neighborhood variables and accessibility variables. In this paper we show that spatial effects might remain once neighborhood effects and accessibility have been controlled for. We...
Persistent link: https://www.econbiz.de/10010675529
Problems of spatial segregation are often associated with segmented housing submarkets where the social status and social capital of a neighborhood appear to be the main driving forces behind housing price formation. Urban regeneration policies aim to raise housing values in poor areas through...
Persistent link: https://www.econbiz.de/10005750956
The aim of this paper is to analyze the theoretical and econometric implications of omitting spatial dependence in the Mankiw, Romer, and Weil (1992) model. Indeed, the international distribution of income levels and growth rates suggests the existence of large international disparities, and...
Persistent link: https://www.econbiz.de/10005750963
We propose a quantity-based "dual" version of the gravity equation that yields an estimating equation with both cross-sectional interdependence and spatially lagged error terms. Such an equation can be concisely estimated using spatial econometric techniques. We illustrate this methodology by...
Persistent link: https://www.econbiz.de/10005595852
In this article we suppose that the integration of accessibility and neighborhood variables in hedonic housing models doesn't allow to take into account the spatial effects between the housing prices. Using a sample of 1520 transactions of apartments in the urban area of Dijon, we focus on two...
Persistent link: https://www.econbiz.de/10005595859
This paper assesses the impact of structural funds on the manufacturing sector of 145 European regions in the context of a Verdoorn’s law for the period 1989-2004. Three main innovations are included. First, we pay attention to the nature of the cohesion objective under study. Second, the...
Persistent link: https://www.econbiz.de/10005458768
This paper reconsiders the multi-country Schumpeterian growth model and its empirical implications. We first show that the model implies a spatial econometric reduced form. Indeed, the global interdependance implied by international R&D spillovers needs to be taken into account in the...
Persistent link: https://www.econbiz.de/10005579074
Persistent link: https://www.econbiz.de/10005579208
L'objectif de cet article est d'analyser la dépendance spatiale dans les processus de convergence des régions européennes. D'une part nous appliquons les méthodes récemment développées de l'analyse exploratoire des données spatiales (Anselin, 1996) pour affiner la description de la...
Persistent link: https://www.econbiz.de/10005587834