Showing 1 - 10 of 81
This paper estimates welfare effects resulting from reduced transaction costs in international trade, using a static multiregional general equilibrium model. The kernel of the model is the trade part specified in Dixit-Stiglitz-style. Interregional trade shows a gravity pattern due to...
Persistent link: https://www.econbiz.de/10009565609
Die politische und planerische Diskussion über Metropolen ist stark von der Vorstellung bestimmt, die Globalisierung könnte zu grundlegenden Veränderungen im Städtesystem führen, und diese Veränderungen könnten ganz besonders Städte der höchsten Hierarchiestufen betreffen. Der Aufsatz...
Persistent link: https://www.econbiz.de/10009552087
According to New Growth Theory one cannot rely on the convergence mechanisms inherent in traditional neoclassical constant returns to scale models. Convergence as well as divergence is possible, in general, depending on the assumptions about technology, factor mobility and ease of knowledge...
Persistent link: https://www.econbiz.de/10002385295
Gegenstand der Regionalökonomik sind die Verteilung der ökonomischen Aktivität, die Austauschbeziehungen sowie differenzierte Wachstums- und Schrumpfungsprozesse im geographischen Raum. Die positive Theorie erklärt, warum sich aus rein ökonomischen Gründen Agglomerationen auf der einen und...
Persistent link: https://www.econbiz.de/10012297014
Persistent link: https://www.econbiz.de/10012297751
The paper examines the impact of communication cost reductions on growth and welfare by means of an endogenous spatial growth model. Policy makers having to decide upon transport policies often claim certain policies such as infrastructure investments to have growth stimulating effects that...
Persistent link: https://www.econbiz.de/10011506372
Theoretical reasoning shows that spatial effects of transport cost reductions may crucially depend on market structures in the tradables sector (degree of market power, strength of economies of scale, free or no free entry). The aim of this paper is to compare empirically the effects of...
Persistent link: https://www.econbiz.de/10010504937
This paper quantifies regional welfare effects of new transport links, which are going to be established in the framework of Trans-European Networks (TEN). It is confined to the regional welfare effects resulting from the use of the new links for trading goods and services. Effects from the...
Persistent link: https://www.econbiz.de/10010504938
The paper shows that in a spatial price equilibrium under monopolisitc competition welfare can be increased by subsidising transport. Therefore transport can be said to exert a positive (pecuniary) externality. This is demonstrated by introducing a subsidy into a partial spatial price...
Persistent link: https://www.econbiz.de/10010506220
The paper presents a multiregional endogenous growth model designed for calibration with real world data and for numerical policy evaluation. It integrates four strands of research: (1) the Ramsey model of consumer behaviour, (2) Tobin's q-theory of investment, (3) Romer's theory of endogenous...
Persistent link: https://www.econbiz.de/10011527388