By Peter Nijkamp, Adam Rose, Karima Kourtit
This quantity is a suite of clean and novel contributions to nearby technology. They commemorate the clinical inheritance of the founder of local technology, the overdue Walter Isard. All papers are written by means of recognized students within the box and serve to spotlight the nice significance of local technology thought and technique for a greater figuring out of present spatial and environmental difficulties all through our planet. The booklet showcases a multidisciplinary landscape of recent neighborhood technology learn and offers new insights through using local technology approaches.
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Additional resources for Regional Science Matters: Studies Dedicated to Walter Isard
Example text
In the short run, shipping costs are assumed to be non-decreasing. In the event of an emergency, sellers can pass on higher costs. They may cut prices because of competitive pressures, but probably only in the longer run. The increased shipping costs, ΔShipCostijk, are passed forward and lead to increased prices at destinations resulting in lower consumer expenditures. Dietzenbacher (1997) has shown that the supply-driven I–O model is more meaningful for estimating price increases than the Leontief price I–O model when absolute costs in value-added sectors are available.
These were calculated as Tr IDCIMPexp ¼ LINVNIEMO Â TNIEMO Â EXPNIEMO ð4:19Þ Tr IDCIMPimp ¼ IMPNIEMO Â STNIEMO Â SLINVNIEMO ð4:20Þ 4 Refining the Isard Multiregional Input–Output Model: Theory. .
Econ Rec 47(4): 494–517 Hummels D (2007) Transportation costs and international trade in the second era of globalization. J Econ Perspect 21(3):131–154 Isard W (1956) Location and space-economy. MIT Press, Cambridge, MA Kim S (1995) Expansion of markets and the geographic distribution of economic activities: the trends in U. S. regional manufacturing structure, 1860–1987. Q J Econ 110(4):881–908 Krugman P (2009) Increasing return in a competitive advantage world. In: Stern RM (ed) Comparative advantage, growth, and the gains from trade and globalisation.