Results 1 to 10 of about 87,265 (42)

Fiscal Transfers in the Spatial Economy

open access: yesAmerican Economic Journal: Economic Policy, 2021
Many countries shift substantial public resources across jurisdictions to mitigate spatial economic disparities. We use a general equilibrium model with multiple asymmetric regions, labor mobility, and costly trade to carve out the aggregate implications
Marcel Henkel, T. Seidel, Jens Südekum
semanticscholar   +1 more source

Uneven domestic tourism demand in times of pandemic

open access: yesTourism Economics, 2022
This study investigates the short-run impact of the COVID-19 pandemic on the number of domestic overnight stays at the regional level in the summer season 2020.
M. Falk, Eva Hagsten, Xiang Lin
semanticscholar   +1 more source

Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy

open access: yesSocial Science Research Network, 2023
We investigate the impact of a set of place-based subsidies introduced in Turkey in 2012. Using firm-level balance-sheet data along with data on the domestic production network, we first assess the policy’s direct and indirect impacts.
Enghin Atalay   +4 more
semanticscholar   +1 more source

Trade, Migration, and Productivity: A Quantitative Analysis of China

open access: yesThe American Economic Review, 2019
We study how goods- and labor-market frictions affect aggregate labor productivity in China. Combining unique data with a general equilibrium model of internal and international trade, and migration across regions and sectors, we quantify the magnitude ...
Trevor Tombe, Xiaodong Zhu
semanticscholar   +1 more source

Trade and Urbanization: Evidence from Hungary

open access: yesAmerican Economic Journal: Microeconomics, 2022
I study how trade affects urbanization and real income. To this end, I exploit large-scale exogenous changes in trade stemming from the redrawing of Hungary’s borders after the First World War.
D. Nagy
semanticscholar   +1 more source

Are Credit Markets Still Local? Evidence from Bank Branch Closings

open access: yesAmerican Economic Journal: Applied Economics, 2019
This paper studies whether distance shapes credit allocation by estimating the impact of bank branch closings during the 2000s on local access to credit. To generate plausibly exogenous variation in the incidence of closings, I use an instrument based on
Hoai-Luu Q. Nguyen
semanticscholar   +1 more source

Firm Responses to State Hiring Subsidies: Regression Discontinuity Evidence from a Tax Credit Formula

open access: yesSocial Science Research Network, 2022
We examine firm responses to location-based hiring subsidies. We leverage institutional features of the California Competes Tax Credit (CCTC), a large-scale business incentive program that incorporates best practices from prior job creation policies. The
Benjamin G. Hyman   +3 more
semanticscholar   +1 more source

Trade Liberalization and Mortality: Evidence from US Counties

open access: yesAmerican Economic Review: Insights, 2016
We investigate the impact of a large and persistent economic shock on “deaths of despair.” We find that areas more exposed to a plausibly exogenous change in international trade policy exhibit relative increases in fatal drug overdoses, specifically ...
Justin R. Pierce, Peter K. Schott
semanticscholar   +1 more source

A Spatial Knowledge Economy

open access: yesThe American Economic Review, 2019
Leading empiricists and theorists of cities have recently argued that the generation and exchange of ideas must play a more central role in the analysis of cities.
D. Davis, Jonathan I. Dingel
semanticscholar   +1 more source

The Deposits Channel of Aggregate Fluctuations

open access: yesSocial Science Research Network, 2021
This paper presents a new mechanism through which the geography of bank deposits increases financial fragility. We document the within-bank geographic concentration of deposits – 30% of bank deposits are concentrated in a single county.
Shohini Kundu   +2 more
semanticscholar   +1 more source

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