|
|
|
| Registros recuperados: 10 | |
|
|
| Scorsone, Eric; Plerhoples, Christina. |
| Municipal bonds have recently been of national interest and Michigan’s strained economy over the past decade has made bond issuance in the state of particular interest to a variety of stakeholders. Given the close connection between municipal bonds and property taxes, the fall-off in the housing market has placed significant strain on bonds within the state. This paper reviews the Michigan municipal bond condition and develops a new debt assessment indicator system. This system was tested using over 700 Michigan local governments. Based on this indicator system, a number of communities are experiencing significant fiscal stress. However, further examination reveals that at least some of these communities have in place short term plans to address such... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Municipal bonds; Public finance; Regional economics; Community/Rural/Urban Development; Public Economics; R5; R51. |
| Ano: 2011 |
URL: http://purl.umn.edu/103093 |
| |
|
| |
|
|
| Bellini, Elena; Ottaviano, Gianmarco I.P.; Pinelli, Dino; Prarolo, Giovanni. |
| We investigate the relationship between diversity and productivity in Europe using an original dataset covering the NUTS 3 regions of 12 countries of the EU15 (Austria, Belgium, Denmark, France, former Western Germany, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden and the United Kingdom). In so doing, we follow the empirical methodology developed by Ottaviano and Peri (2006a) in the case of US cities. The main idea is that, as cultural diversity may affect both production and consumption through positive or negative externalities, the joint estimation of price and income equations is needed to identify the dominant effect. Based on this methodology, we find that diversity is positively correlated with productivity. Moreover, we find evidence... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Cultural Diversity; Economic Performance; Productivity; Europe; Community/Rural/Urban Development; O5; O11; O57; R5; R58. |
| Ano: 2009 |
URL: http://purl.umn.edu/54171 |
| |
|
| |
|
|
| Monchuk, Daniel C.; Zhuo, Chen. |
| In this paper we examine more closely the factors associated with production inefficiency in China’s agriculture. The approach we take involves a two-stage process where output efficiency scores are first estimated using data envelope analysis (DEA), and then in the second stage, variation in the resulting efficiency scores are explained using a truncated regression model with inference based on a semi-parametric bootstrap routine. Among the results we find a heavy industrial presence is associated with reduced agricultural production efficiency and may be an indication that externalities from the industrial process, like air and ground water pollution, affect agricultural production. We also find evidence that counties with a large percentage of the rural... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: China's agriculture; DEA; Bootstrapping; Technical efficiency; Production Economics; C14; Q1; R5. |
| Ano: 2008 |
URL: http://purl.umn.edu/6456 |
| |
|
| |
|
|
| Zhu, Erqian Julia; Kim, Man-Keun; Harris, Thomas R.. |
| The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the multipliers are changing with exogenous restrictions on production. Conventionally, the IO analysis is performed assuming exogenous production restrictions being the changes in final demands or assuming the sector being exogenous sector like the final demand. If researchers or policy makers are interested in only economic impacts from production restrictions, there is no need to look into the modified multipliers. The modified multipliers should be considered when researchers... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Input-Output Analysis; Multipliers; Regional Impact Analysis; Community/Rural/Urban Development; C67; R15; R5. |
| Ano: 2009 |
URL: http://purl.umn.edu/46716 |
| |
|
|
| Lichtenberg, Erik; Ding, Chengri. |
| We investigate conceptually and empirically the role of economic incentives in the primary land allocation in China in recent years. A theoretical analysis demonstrates how recent fiscal and governance reforms give rise to land conversion decisions and long run urban spatial sizes much like those generated by competitive land markets with private land ownership. An econometric investigation of Shanghai and the provinces surrounding it demonstrates the presence of rent gradients, often used as an indication of the presence of land markets. It thus appears that economic forces have continued to exercise dominant influence over primary land allocations in spite of recent administrative restrictions on land conversion. These rent gradients are strongest in the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Community/Rural/Urban Development; Land Economics/Use; R5; R14; H11; O18. |
| Ano: 2008 |
URL: http://purl.umn.edu/6834 |
| |
|
| |
|
|
| Perez y Perez, Luis; Hurle, Jesus Barreiro. |
| Up to date, water management in Spain has been focused on supply approaches, with the result of providing consumers with this resource at a low price. Developments in the institutional framework regulating water management in the European context (mainly the implementation of the Water Framework Directive) have shifted this approach in order to promote sustainable water use. To achieve this objective, tariff policy must now take into account the water services cost-recovery principle for its different uses. Within this context, this paper estimates the public capital stock related to water supply and assesses the existing level of cost-recovery related to that stock. The methodology used, compares the tax level needed for full-cost recovery with actual... |
| Tipo: Journal Article |
Palavras-chave: Water policy; Water framework directive; Cost recovery; Resource /Energy Economics and Policy; H4; Q2; R5. |
| Ano: 2007 |
URL: http://purl.umn.edu/7997 |
| |
| Registros recuperados: 10 | |
|
|
|
