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| Registros recuperados: 34 | |
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| Florax, Raymond J.G.M.; Travisi, Chiara M.; Nijkamp, Peter. |
| The use of environmental policy instruments such as eco-labelling and pesticide taxes should preferably be based on disaggregate estimates of the individuals' willingness to pay (WTP) for pesticide risk reductions. We review the empirical valuation literature dealing with pesticide risk exposure and develop a taxonomy of environmental and human health risks associated with pesticide usage. Subsequently, we use meta-analysis to investigate the variation in WTP estimates for reduced pesticide risk exposure. Our findings show that the WTP for reduced risk exposure is approximately 15% greater for medium, and 80% greater for high risk-levels, as compared to low risk levels. The income elasticity of pesticide risk exposure is generally positive, although not... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Institutional and Behavioral Economics. |
| Ano: 2005 |
URL: http://purl.umn.edu/19524 |
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| Lambert, Dayton M.; Florax, Raymond J.G.M.; Cho, Seong-Hoon. |
| This research note documents estimation procedures and results for an empirical investigation of the performance of the recently developed spatial, heteroskedasticity and autocorrelation consistent (HAC) covariance estimator calibrated with different kernel bandwidths. The empirical example is concerned with a hedonic price model for residential property values. The first bandwidth approach varies an a priori determined plug-in bandwidth criterion. The second method is a data driven cross-validation approach to determine the optimal neighborhood. The third approach uses a robust semivariogram to determine the range over which residuals are spatially correlated. Inference becomes more conservative as the plug-in bandwidth is increased. The data-driven... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Spatial HAC; Semivariogram; Bandwidth; Hedonic model; Research Methods/ Statistical Methods; C13; C31; R21. |
| Ano: 2008 |
URL: http://purl.umn.edu/45964 |
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| Brown, Jason P.; Florax, Raymond J.G.M.; McNamara, Kevin T.. |
| The purpose of the paper is to test the long-run steady state of growth factors hypothesized to influence U.S. manufacturing investment flows. These factors include agglomeration, market structure, labor, infrastructure, and fiscal policy. Spatial cross-regressive and spatial Durbin models are used to measure the spatial interaction of investment flows. Spatial spillovers are found to be of a competitive nature at the state level, implying that a factor which attracts more investment to a particular state is associated with lower investments in neighboring states. Investment flows to states with higher market demand, more productive labor, and more localized agglomeration of manufacturing activity. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Manufacturing; Investment; Spatial Durbin model; Community/Rural/Urban Development; L60; R11; R30. |
| Ano: 2009 |
URL: http://purl.umn.edu/54835 |
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| Brown, Jason P.; Lambert, Dayton M.; Florax, Raymond J.G.M.. |
| Attracting manufacturing investment is a frequently used rural development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the interaction of birth and death of establishments. A conceptual model of county-level investment in the U.S. manufacturing sector is developed from location theory and subsequent literature. Specifically, we test the relative importance of location factors influencing firm investment, and if these factors influence firm birth and death differently. Local factors include agglomeration due to localization, urbanization, and internal economies, market structure, labor quality, availability, and cost, market... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Location determinants; Manufacturing; Count models; Community/Rural/Urban Development; Research Methods/ Statistical Methods; L60; R11; R12. |
| Ano: 2009 |
URL: http://purl.umn.edu/49467 |
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| Ngeleza, Guyslain K.; Florax, Raymond J.G.M.; Masters, William A.. |
| This paper tests a series of prominent hypotheses regarding the determinants of per-capita income using a novel spatial econometric approach to control for spillovers among neighboring countries and for spatially correlated omitted variables. We use simultaneous equations to identify alternative channels through which country characteristics might affect income, and then test the robustness of those effects. We find support for both "institutionalist" and "geographic" determinants of income. A time-varying index of institutional quality has a strong independent effect on current income, but there is also a persistent effect of geographic factors such as seasonal frost, malaria transmission, and coastal location, which influence income through their links... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2006 |
URL: http://purl.umn.edu/28663 |
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| Registros recuperados: 34 | |
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