This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing...

?Innovationslogik und regionales Wirtschaftswachstum ? Theorie und Empirie autopoietischer Innovationsdynamik? Obwohl neuere wachstumstheoretische Ans?tze durchg?ngig die Bedeutung von Innovationen f?r wirtschaftliche Entwicklung betonen und sich dabei in selten zu findender Eintracht auf die...

Regional Economic Growth Across Space and TimeSummaryThe focus of this study is the interregional growth process over time within countries. The issue of economic convergence both within and across countries has proved to be an intuitively appealing one for economists and policymakers alike. An...

In this paper we consider the case for assigning tax revenues to Scotland, by which we mean that taxes levied on Scottish tax bases should be returned to the Scottish budget. The budget, however, would continue to be supplemented by transfers from the Westminster budget. This arrangement differs...

This paper assesses the implications of spatial dependence of outward FDI flows toclarify the importance and prominence of complex foreign direct investment bymultinational enterprises, which are neither purely horizontal nor vertical integrationstrategies. Empirical tests compare the ordinary...

Regional policy has taken the centre stage in delivering current UK government efforts to promote productivity-driven economic growth. This article considers the validity of the prime indicator being used to assess regional economic performance: gross value added (GVA) per head. Evidence...

This paper considers the combined use of regional input-output (IO) and computable general equilibrium (CGE) methods to examine regional pollution problems from different consumption and production orientated perspectives. The first stage of the analysis involves using a regional input-output...

Targets for CO2 reduction tend to be set in terms of the amount of pollution generated within the borders of a given region or nation. That is, under a "production accounting principle". However, in recent years there has been increased public and policy interest in the notion of a carbon...

One of the main concerns associated with the development and use of regional CGE models is the determination of key parameter values, particularly substitution and other price elasticities. A common problem is the lack of appropriate regional data for econometric estimation. Consequently, it is...

The application of multi-region environmental input-output (IO) analysis to the problem of accounting for emissions generation (and/or resource use) under different accounting principles has become increasingly common in the ecological and environmental economics literature, with many...