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Using Multiple Outcomes to Adjust Standard Errors for Spatial Correlation

Della Vigna, Stefano; Imbens, Guido; Kim, Woojin; … - National Bureau of Economic Research - 2025

Empirical research in economics often examines the behavior of agents located in a geographic space. In such cases, statistical inference is complicated by the interdependence of economic outcomes across locations. A common approach to account for this dependence is to cluster standard errors...

Persistent link: https://www.econbiz.de/10015398168

Unitization of spatially connected renewable resources

Kaffine, Daniel T. - 2010

Spatial connectivity of renewable resources induces a spatial externality in extraction. We explore the consequences of decentralized spatial property rights in the presence of spatial externalities. We generalize the notion of unitization - developed to enhance cooperative extraction of oil and...

Persistent link: https://www.econbiz.de/10012462318

Heterogeneous Harm vs. Spatial Spillovers : Environmental Federalism and US Air Pollution

Banzhaf, H. Spencer - 2010

The economics of environmental federalism identifies two book-end departures from the first-best, which equates marginal costs and benefits in all local jurisdictions. Local governments may respond to local conditions, but ignore inter-jurisdictional spillovers. Alternatively, central...

Persistent link: https://www.econbiz.de/10012462986

Redistribution Policy : A European Model

Casella, Alessandra - 2002

Following the rationale for regional redistribution programs described in the official documents of the European Union, this paper studies a very simple multi-country model built around two regions: a core and a periphery. Technological spill-overs link firms' productivity in each of the two...

Persistent link: https://www.econbiz.de/10012469451

Spatial Dynamics

Desmet, Klaus; Parro, Fernando - National Bureau of Economic Research - 2025

We examine the recent literature that studies the spatial distribution of economic activity across both space and time. We discuss the methodological advances enabling the incorporation of dynamic forces of economic activity--such as endogenous innovation, forward-looking location choices,...

Persistent link: https://www.econbiz.de/10015326437

The Local Influence of Pioneer Investigators on Technology Adoption : Evidence from New Cancer Drugs

Agha, Leila - 2015

Local opinion leaders may play a key role in easing information frictions associated with technology adoption. This paper analyzes the influence of physician investigators who lead clinical trials for new cancer drugs. By comparing diffusion patterns across 21 new cancer drugs, we separate...

Persistent link: https://www.econbiz.de/10012457788

Difference-in-Differences in the Marketplace

Minton, Robert; Mulligan, Casey B. - National Bureau of Economic Research - 2024

Price theory says that the most important effects of policy and technological change are often found beyond their first …'s outcomes. This paper uses the industry model from price theory to represent the statistical concepts of treatments and controls … between them, and how they correspond to the scale and substitution effects emphasized in price theory …

Persistent link: https://www.econbiz.de/10014486203

Place-Based Policies for Development

Duranton, Gilles - 2018

Many development policies, such as placement of infrastructure or local economic development schemes, are "place-based." Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and evaluate....

Persistent link: https://www.econbiz.de/10012453154

Optimal Spatial Policies

Fajgelbaum, Pablo D.; Gaubert, Cecile - National Bureau of Economic Research - 2025

We summarize recent methods to study optimal spatial policies. We center the discussion on policies that implement the optimal distribution of population in the presence of spatial spillovers, spatial transfers to optimally tackle redistribution between rich and poor regions, and optimal...

Persistent link: https://www.econbiz.de/10015326486

Propagation and Amplification of Local Productivity Spillovers

Giroud, Xavier; Lenzu, Simone; Maingi, Quinn; Müller, … - National Bureau of Economic Research - 2021

This paper shows that local productivity spillovers propagate throughout the economy through the plant-level networks of multi-region firms. Using confidential Census plant-level data, we show that large manufacturing plant openings not only raise the productivity of local plants but also of...

Persistent link: https://www.econbiz.de/10012599374