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This article addresses the tradeoff between the values households’ place on shared open space and parcel size, and the implications for housing development policy. Marginal implicit prices of shared open space and single-family housing parcel size are estimated using geographically weighted...
This article looks at the relationship between fiscal and political decentralization and the evolution of regional inequalities in a panel of 26 countries—19 developed and 7 developing—for the period between 1990 and 2006. Using an instrumental variables method, it finds that whereas for the...
The literature on industrial districts suggests that spatial proximity supports interfirm learning and is therefore a source of competitive advantage. Although ‘territorial’ accounts have highlighted the informal means through which firms access knowledge, localised perspectives have received...
We discuss a property of distance-based measures that has not been addressed with regard to evaluating the geographic concentration of economic activities. The article focuses on the choice between a probability density function of point-pair distances or a cumulative function. We begin by...
This article shows, using data from both the USA and the UK, that average plant size is larger in denser markets. However, many popular theories of agglomeration—spillovers, cost advantages and improved match quality—predict that establishments should be smaller in cities. The article...
Using panel data for 12 EU countries, we analyze the relationship between self-reported housing satisfaction and residential mobility. Our results indicate the existence of a positive link between the two variables and that housing satisfaction exerts a mediating effect between residential...
Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we test (and reject) the assumption of parameter homogeneity across geographical units in measuring risk sharing. The estimated...
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