Regional Science and Urban Economics 
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This is an RSS file. You can use it to subscribe to this data in your favourite RSS reader or to display this data on your own website or blog.A Bayesian spatial panel model with heterogeneous coefficients
Publication date: Available online 4 April 2017Source: Regional Science and Urban EconomicsAuthor(s): James P. LeSage, Yao-Yu ChihAbstractWe extend the heterogeneous coefficients spatial autoregressive panel model from Aquaro et al. (2015) to allow for Bayesian prior information. A Markov Chain Monte Carlo estimation methodology is set forth for the Bayesian model. Monte Carlo performance results mirror those from quasi maximum likelihood estimation set forth in Aquaro et al. (2015). Matrix expressions for marginal effects used to interpret these models are set forth. The heterogeneous coefficients spatial autoregressive p...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
A spatial panel data model with time varying endogenous weights matrices and common factors
Publication date: Available online 6 April 2017Source: Regional Science and Urban EconomicsAuthor(s): Wei Shi, Lung-fei LeeAbstractMany spatial panel data sets exhibit cross sectional and/or intertemporal dependence from spatial interactions or common factors. In an application of a spatial autoregressive model, a spatial weights matrix may be constructed from variables that may correlate with unobservables in the main equation and therefore is endogenous. Some common factors may be unobserved and correlate with included regressors in the equation. This paper presents a unified approach to model spatial panels with endogen...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
A new method for dealing simultaneously with spatial autocorrelation and spatial heterogeneity in regression models
Publication date: Available online 12 April 2017Source: Regional Science and Urban EconomicsAuthor(s): Ghislain Geniaux, Davide MartinettiAbstractAlthough spatial heterogeneity and spatial dependence are two cornerstones of spatial econometrics, models and methods for dealing at the same time with both issues are still rare in the literature, with few notable exceptions. The same can be said for studies on the performance of spatial econometric models under misspecification of explanatory variables and unknown structure of the spatial weight matrix. In this article, we introduce a new class of data generating processes (DG...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Spatial club dynamics in European regions
Publication date: Available online 17 April 2017Source: Regional Science and Urban EconomicsAuthor(s): Davide Fiaschi, Lisa Gianmoena, Angela ParentiAbstractThis paper studies the spatial agglomeration dynamics of a sample of 224 European regions in the period 1991–2012 by a dynamic extension of the Moran scatterplot, consisting in a nonparametric estimate of the joint dynamics of GDP per worker and its spatial lag. We find evidence that the twin-peaked distribution of GDP per worker in 2012 is the result of the existence of three spatial clubs: the first mainly populated by regions belonging to the former Eastern Bloc c...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
The more the merrier? Migration and convergence among European regions
Publication date: Available online 20 April 2017Source: Regional Science and Urban EconomicsAuthor(s): Lorenz Benedikt Fischer, Michael PfaffermayrAbstractA spatial system of equations for regional income growth and migration allows to identify the impact of migration on regional income convergence despite the dependence of migration rates on initial income per worker. Using a spatial systems estimator, we find a significant positive effect of migration on income convergence within the European Union on the NUTS 2 level. As migration is generally observed from low to high income regions, growth rates of income per worker t...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Urban segregation and unemployment: A case study of the urban area of Marseille – Aix-en-Provence (France)
Publication date: Available online 23 June 2017Source: Regional Science and Urban EconomicsAuthor(s): Fanny Alivon, Rachel GuillainAbstractIn this paper, we study the effects of the spatial organization of the urban area of Marseille – Aix-en-Provence on unemployment there. More specifically, differences in the characteristics of the residential population induce urban stratification with the result that urban structure may affect the probability of employment. In order to evaluate the effects of spatial structure on unemployment, we implement a spatial probit model to reveal the employment probabilities of young adults ...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
A dynamic spatial econometric diffusion model with common factors: The rise and spread of cigarette consumption in Italy
Publication date: Available online 17 July 2017Source: Regional Science and Urban EconomicsAuthor(s): Carlo Ciccarelli, J.Paul ElhorstAbstractThis paper adopts a dynamic spatial panel data model with common factors to explain the non-stationary diffusion process of cigarette consumption across 69 Italian provinces over the period 1877-1913. The CD-test of Pesaran (2015a), the exponent α-test of Bailey et al. (2015), the cross-sectionally augmented panel unit root test of Pesaran et al. (2013), and the spatial stability test of Yu et al. (2012) are used to show that both global common factors and local spatial dependence a...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Towards an East German wage curve - NUTS boundaries, labour market regions and unemployment spillovers
Publication date: Available online 31 January 2018Source: Regional Science and Urban EconomicsAuthor(s): Reinhold Kosfeld, Christian DregerAbstractThe relevance of spatial effects in the wage curve can be rationalized by the model of monopsonistic competition in regional labour markets. However, distortions in extracting the regional unemployment effects arise for administrative boundaries at the district level as they fail to adequately capture spatial processes. In addition, the nonstationarity of wages and unemployment is often ignored. Both issues are particularly important in high unemployment regimes like East German...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Editorial for the special issue entitled: New advances in spatial econometrics: Interactions matter
Publication date: Available online 20 February 2018Source: Regional Science and Urban EconomicsAuthor(s): Nicolas Debarsy, Zhenlin Yang (Source: Regional Science and Urban Economics)
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Contagious exporting and foreign ownership: Evidence from firms in Shanghai using a Bayesian spatial bivariate probit model
Publication date: Available online 9 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Badi H. Baltagi, Peter H. Egger, Michaela KesinaAbstractWhether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting foreign investors and in exporting appears to reduce the associated fixed costs with exporting or foreign ownership in other firms. Using data on 8959 firms located in Shanghai, we...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Theoretical foundations for spatial econometric research
Publication date: Available online 12 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Xingbai Xu, Lung-fei LeeAbstractThis paper reviews the development of large sample theories for spatial econometric models. These theories form important parts on statistical foundations for spatial econometrics. Another important component is the theoretical economics foundation for spatial econometric model specifications. We discuss how spatial econometric models can be regarded as the Nash equilibrium of some complete information games. Moran's I test for spatial dependence is based on a statistic with a linear-quadra...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Can more housing supply solve the affordability crisis? Evidence from a neighborhood choice model
Publication date: Available online 27 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Elliot Anenberg, Edward KungAbstractWe estimate a neighborhood choice model using 2014 American Community Survey data to investigate the degree to which new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the number of households choosing each neighborhood is equal to the number of housing units in each neighborhood. We use the estimated model to simulate how rental rates would respond to an exogenous increase in the number of housing units in a neighborhood....
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
Can't get there from here: Affordability distance to a superstar city
Publication date: Available online 30 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Danny Ben-Shahar, Stuart Gabriel, Roni GolanAbstractThis paper explores the housing affordability distance to a superstar city. Affordability distance is defined in terms of the increment to household income required to consume a quality- and consumption-adjusted housing unit in the proximate superstar city. The analysis focuses on Tel Aviv, Israel's singular superstar city. Affordability distance to Tel Aviv rose by roughly 60 percent over the 2000–2015 period. Further, affordability distance was elevated among unmarri...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
The response of commuting patterns to cross-border policy differentials: Evidence from the American Community Survey
Publication date: Available online 30 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Peter ShirleyAbstractThe response of commuting patterns across state borders to policy differentials has implications for how policymakers design economic policy based on place of work, and for researchers who use contiguous geographies to estimate treatment effects of such policies. This paper investigates the response of such movements utilizing changes in cross-border differentials in the minimum wage and Earned Income Tax Credit state supplements. Specifically, effects of the minimum wage on commuting patterns are est...
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
The effect of housing supply regulation on housing affordability: A review
Publication date: Available online 30 April 2018Source: Regional Science and Urban EconomicsAuthor(s): Raven Molloy (Source: Regional Science and Urban Economics)
Source: Regional Science and Urban Economics - July 11, 2018 Category: Science Source Type: research
