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  • Books  (129)
  • Articles  (580,348)
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  • 1
    Electronic Resource
    Electronic Resource
    Benefit Transfer: A Comparison of Approaches (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Benefit transfer has become increasingly important for policy researchers as a low-cost approach for assigning benefits to environmental amenities. To gain insights on how to best perform benefit transfer, this study analyzes estimates from both the travel cost (TC) and contingent valuation (CV) methods. The analysis compared the point estimate approach with the benefit function approach for transferring economic benefits between a study site and a policy site. Data from the 1996 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation for deer hunting was used to provide both the CV willingness-to-pay and the TC consumer surplus estimates. The study found that when focusing on a nonsite-specific activity such as deer hunting, benefits transferred fairly well, with the average error being slightly less than 30 percent for CV estimates and just under 35 percent for TC estimates. In addition, the empirical results suggest that the more precise benefit function approach provide some improvement to the more general point estimate approach, with the CV methods showing moderate gains while the TC method showing only minimal gains. The study also found that the closer the distance between the policy and research sites was, the more the precision of the benefit transfer increased.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00294.x
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  • 2
    Electronic Resource
    Electronic Resource
    Thanks to Manuscript Reviewers (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00300.x
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  • 3
    Electronic Resource
    Electronic Resource
    Rural and Urban Differences in Welfare Exits: Minnesota Evidence 1986–1996 (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This article examines differences between rural and urban counties in the duration of welfare spells. We report evidence that suggests that parents from farming-dependent counties and rural counties are more likely to have shorter spells on welfare. The evidence appears consistent with the literature on rural low-income families in that there may be a concentration of low-wage jobs in rural counties. The difference between rural and urban areas is relevant to welfare policy as it pertains to caseload numbers, parents more likely to reach the sixty-month time limit, and parents more likely to trigger time-based policies, such as employment search. The study uses administrative data of Aid to Families With Dependent Children recipients from the state of Minnesota between 1986 and 1996. The methodology includes constructing descriptive statistics, calculating Kaplan-Meier estimates, and performing a Cox regression analysis with robustness checks across all three methods.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00283.x
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  • 4
    Electronic Resource
    Electronic Resource
    Technological Diversity and Jacobs’ Externality Hypothesis Revisited (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Recent empirical evidence strongly supports Jacobs's (1969) externality hypothesis that urban diversity provides a more favorable environment for economic development than urban specialization. In order to correctly gauge Jacobs's hypothesis, economic development should be understood as a result of innovations. Furthermore, a relevant diversity measure should take into account the degree of diversity of the inherent classes (e.g. pharmaceuticals are closer to chemicals than to forestry). These ideas are tested using regionally classified Swedish patent application data as a measure of innovativeness. Patent data are also used to reflect technological diversity. The results show that the number of patent applications in Swedish regions is highly and positively dependent on regional technological specialization, quite the opposite of Jacobs's prediction. This paper raises general questions about earlier empirical results. It is concluded that the size of regions is an important factor to consider, since this in itself may affect patenting intensity and technological diversity.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00273.x
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  • 5
    Electronic Resource
    Electronic Resource
    Regional Development and Land Use Change in the Rocky Mountain West, 1982-1997 (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Economic and demographic restructuring, along with the increasing desirability of environmental amenities, have driven growth in the eight-state region of the Rocky Mountain West to extraordinary levels in recent decades. While social scientists have developed a solid conceptual understanding of the processes driving growth and change in the region, the broad nature of the land use outcomes associated with in-migration has not received nearly as much scholarly attention. This article initiates an in-depth empirical investigation on the magnitude, nature, and spatial variation of land use change in the Rocky Mountain West over the 1982-1997 time period. Data from the USDA's National Resources Inventory reveals that the conversion of landscapes from rural to urban types of land uses varies significantly from place to place, not only in terms of total land developed, but also with respect to how population pressures and a number of other local characteristics of counties manifest themselves in the spatial pattern of growth.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00276.x
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  • 6
    Electronic Resource
    Electronic Resource
    Innovation and Regional Growth in the Enlarged Europe: The Role of Local Innovative Capabilities, Peripherality, and Education (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   In this paper, a formal model for the relationship between innovation and growth in European Union regions is developed drawing upon the theoretical contribution of the systems of innovation approach. The model combines the analytical approach of the regional growth models with the insights of the systemic approach. The cross-sectional analysis, covering all the Enlarged Europe (EU-25) regions (for which data are available), shows that regional innovative activities (for which a specific measure is developed) play a significant role in determining differential regional growth patterns. Furthermore, the model sheds light on how geographical accessibility and human capital accumulation, by shaping the regional system of innovation, interact (in a statistically significant way) with local innovative activities, thus allowing them to be more (or less) effectively translated into economic growth. The paper shows that an increase in innovative effort is not necessarily likely to produce the same effect in all EU-25 regions. Indeed, the empirical analysis suggests that in order to allow innovative efforts in peripheral regions to be as productive as in core areas, they need to be complemented by huge investments in human capital.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00291.x
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  • 7
    Electronic Resource
    Electronic Resource
    Innovation and the Growth of Cities (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Innovation and the Growth of Cities
Edited by Zoltan J. Acs, Northampton, MA: Edward Elgar Publishing. 1702. 247 pp. $100.00 (Cloth). ISBN 1-84064-936-4. 
Reviewed by Anneliese Vance 
Department of Geography 
State University of New York
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00298.x
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  • 8
    Electronic Resource
    Electronic Resource
    Cities, Skills, and Inequality (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   The surge in U.S. wage inequality over the past several decades is now commonly attributed to an increase in the returns paid to skill. Although theories differ with respect to why, specifically, this increase has come about, many agree that it is strongly tied to the increase in the relative supply of skilled (i.e., highly educated) workers in the U.S. labor market. A greater supply of skilled labor, for example, may have induced skill-biased technological change or generated greater stratification of workers by skill across firms or jobs. Given that metropolitan areas in the U.S. have long possessed more educated populations than non-metropolitan areas, these theories suggest that the rise in both the returns to skill and wage inequality should have been particularly pronounced in cities. Evidence from the U.S. Census over the period of 1950 to 1990 supports both implications.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00280.x
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  • 9
    Electronic Resource
    Electronic Resource
    The Quality of Education, Educational Institutions, and Cross-Country Differences in Human Capital Accumulation (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Cross-country studies of education and economic prosperity often reach conflicting results when using growth rates as the measure of economic development. However, growth rates lack persistence over time and may not accurately measure long-term economic success over relatively short economic horizons. To overcome this potential specification problem, we estimate the relationship between key education variables and the capital to physical labor ratio. Using both cross-sectional and panel specifications, we find that both the primary-pupil–teacher ratio and decentralized education finance are associated with a larger capital to physical labor ratio. The relationship between human capital and expenditures, private education, and test scores are less robust.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00281.x
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  • 10
    Electronic Resource
    Electronic Resource
    Book Reviews (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Family, Household and Work
Edited by Klaus F. Zimmermann and Michael Vogler, Berlin: Springer-Verlag. 2003. xiv + 427 pp. $99.00/£53.00 (hardcover). ISBN 3-540-00360-6 
Reviewed by John F. Watkins 
Graduate Center for Gerontology 
University of KentuckyThe Global Internet Economy
Edited by Bruce Kogut, Cambridge MA: The MIT Press. 2004. 520 pp. $24.00 (paper) ISBN 0-262-61204-6 
Reviewed by Sharon C. Cobb 
Department of Economics and Geography 
University of North FloridaGlobalizing L.A.: Trade, Infrastructure and Regional Development
Steven P. Erie, Stanford: Stanford University Press. 2004. 336 pp. ISBN 0-804-74681-8 
Reviewed by John Gulick 
Department of Sociology 
University of Tennessee 
KnoxvilleUrban Sprawl in Western Europe and the United States
Edited by Harry W. Richardson and Chang-Hee Christine Bae, England: Ashgate. 2004. 342 pp. $89.95 ISBN 0-7546-3789-1 
Reviewed by Richard P. Greene 
Department of Geography 
Northern Illinois University
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00285.x
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  • 11
    Electronic Resource
    Electronic Resource
    Solving the Problems of Economic Development Incentives (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This paper reviews the research literature relevant to economic development incentives provided by state and local governments, and recommends reforms in these incentives. I argue that the main problem with current incentive policies is that state and local governments often provide incentives that are not in the best interest of that state or local area, for example that are excessively costly per job created, or that provide jobs that do not improve the job opportunities of local residents. I suggest that reforms should be “bottom-up” rather than “top-down.” Regulation of incentives by the federal government may prevent both desirable and undesirable incentives. “Bottom-up” reforms would include more information on incentive offers, a budget constraint on the volume of incentives, stronger standards for job quality and job accessibility for the local unemployed, and better benefit-cost analyses of incentives.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00272.x
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  • 12
    Electronic Resource
    Electronic Resource
    Spillovers and Local Growth Controls: An Alternative Perspective on Suburbanization (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Since the 1970s, many local jurisdictions in politically fragmented metropolitan regions have enacted growth control and management measures to tackle the challenges arising from rapid suburban growth. These locally implemented growth controls have produced spillovers—the spatial shifts of homebuilding and households to nearby localities. Using data for California, this paper investigates the link between growth controls and homebuilding. The results suggest that some of the excess homebuilding can be linked to the presence or absence of growth control measures and thus be attributed to spillover effects. Moreover, generators of spillovers are nearly exclusively located in urban areas along the coast whereas the receptors of spillovers are primarily found at the metropolitan fringes and in peripherally located jurisdictions of the interior.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00274.x
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  • 13
    Electronic Resource
    Electronic Resource
    Renewing Canada's Manufacturing Economy: A Regional Comparison, 1973-1996 (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Regional economies are continually undergoing adjustment as their firm populations react to changing tastes, technologies, and the challenges of outside competition. Adjustment typically takes place as the stock of jobs is renewed in each industry. This micro-dynamic process of renewal has a substantial impact on the structure of national and regional economies. The primary objective of this paper is to measure the degree of renewal within the Canadian manufacturing economy as whole and within individual provinces. Using a longitudinal micro-data set—which covers the population of manufacturing plants in Canada from 1973 to 1996—the study shows that the manufacturing sector experienced considerable job renewal. Two-thirds of jobs in 1996 were newly created since 1973. There was considerable variation in provincial renewal rates. A decomposition analysis suggests this variation is not purely an artifact of the types of industries found in provinces, but reflects other characteristics of provincial economies.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00275.x
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  • 14
    Electronic Resource
    Electronic Resource
    Natural Amenities and Rural Development: Understanding Spatial and Distributional Attributes (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Contemporary resource management practice and rural development planning increasingly emphasize the integration of resource extractive industries with non-market-based recreational and amenity values. There is a growing empirical literature which suggests that natural amenities impact regional economies through aggregate measures of economic performance such as population, income, and/or employment growth, and housing development. We maintain that assessing the developmental aspects of amenity-led regional change requires a more thorough focus on alternative measures of economic performance such as income distribution and spatial organization. In the applied research presented here we investigate relationships between amenities and regional economic development indicators. Results suggest mixed and generally insignificant amenity-based associations which highlight the need for appropriate regional economic modeling techniques that account for often dramatic spatial autocorrelation of natural amenity attributes. We conclude that with respect to amenity driven economic growth and development “place in space” matters.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00277.x
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  • 15
    Electronic Resource
    Electronic Resource
    Development Zones, Foreign Investment, and Global City Formation in Shanghai* (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   The rapid economic ascent of China and the increasing integration of the world economy in the past two decades have made metropolises in China such as Shanghai and Beijing emerging global cities. Foreign investment is a central force underlying the emergence and transformation of the Chinese metropolises into global cities. This is especially true in Shanghai, which has experienced massive infusion of foreign investment. Varied forms of foreign investment or development zones have been created to promote foreign investment inflows, yet remain under-studied. This paper analyzes structure, performance, and underlying factors of development zones in Shanghai, and discusses the implications for global city-formation; it unfolds the variations among development zones, and illustrates the significant role of the state and local conditions. As the literature on global cities dwells primarily on the experiences of advanced economies, this paper further contributes to a better understanding of the dynamics of emerging global cities in the developing world.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00265.x
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  • 16
    Electronic Resource
    Electronic Resource
    The Effect of Development Impact Fees on Land Values* (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This paper presents an empirical analysis of the effect of impact fees on the value of land used in residential development. A random effects model is estimated to examine the relationship between impact fees and land values using forty-three Texas cities that impose impact fees. Prior research suggests that higher impact fees result in higher lot values, and the results of this research support this suggestion. Results indicate that for each $1,000 increase in impact fees, lot values increase by 1.3 percent. Additionally, these results suggest that developers are able to pass a small amount of the impact fee to the owners of developable land. However, for undeveloped land the results are mixed. For each $1,000 in assessed impact fees, undeveloped land values decrease by 0.042 percent. These results support prior evidence that suggests home buyers may ultimately bear the majority of the cost of impact fees.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00268.x
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  • 17
    Electronic Resource
    Electronic Resource
    Industrial Location Dynamics (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Industrial Location Dynamics
Edited by Philip McCann, Northampton, MA: Edward Elgar Publishing. 1702. xvii + 372 pp. $125.00 (Cloth). ISBN 1-84064-672-1. 
Reviewed by Roger Hayter 
Simon Fraser University
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    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00296.x
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  • 18
    Electronic Resource
    Electronic Resource
    Productivity, International Trade and Reference Area Interactions in Shift-Share Analysis: Some Operational Notes (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   These notes discuss and illustrate two new extensions of shift-share analysis: the productivity and output model and the international trade model. We also review a general limitation of these and other shift-share-type models with respect to the interaction between reference area and the region. A possible solution to this limitation is presented. The new extensions provide better insights about the regional economy but that benefit occurs at a cost. The cost is careful consideration and compensation where relatively large regions or sectors are central to the shift-share assessment. The extensions are important in addressing earlier problems with the shift-share approach. Our solution to shift-share limitation on reference area interaction is vital if the method is to be extended to these multiple environments.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00282.x
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  • 19
    Electronic Resource
    Electronic Resource
    No “Greek-Letter Writing”: Local Models of Resource Economies (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   In trying to understand resource economies, the article develops the idea of local models. A local model, in contrast to a universal model, is sensitive to the peculiarities of geographical context. Those peculiarities, rather than being reduced to some higher order of logic as in universal models, are kept intact, forming the very basis of understanding. Our approach to local modeling draws specifically on institutional economics. That tradition makes the argument that the economy is shaped by various institutions (not all of which are economic), which are continually changing and which take on different constellations in different places. By setting out a grid of central institutions operating in resource economies, and comparatively using the examples of the forest economies of British Columbia, Canada, North Island, New Zealand, and Tasmania, Australia, the article constructs three local models. Each has the same constituent elements, but how they are related and what eventuates are peculiar to the specific region.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00290.x
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  • 20
    Electronic Resource
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    The Impact of Environmental Regulations on the Industry Structure of Landfills (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
    Details
    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Over the past twenty years, the environmental regulation of landfills has become increasingly restrictive both at the federal and state levels. Using a panel dataset of Ohio landfills, we developed a theoretical framework to explain the landfill operators’ responses to regulatory actions, and then estimate an empirical model of changes in industry structure. Because not all Ohio counties have landfill operations, we hypothesize that there is self-selection in the location of landfills, which is accounted for with an appropriate econometric model. The study finds that environmental regulations had significant impact both on the location of landfill operations and concentration of the industry during the time period studied.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00293.x
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  • 21
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    A Note on Localization and Specialization (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Analysts and policy makers frequently measure industrial localization and regional specialization. However, they rarely examine the nation's full array of industries or regions. So local indices, appropriate for specific industries or selected regions, are typically estimated. But in some instances global indices would be preferable in order to assess the wider features of the entire space-economy. This article constructs global indices from the local indices already used in assessing localization and specialization. Global localization and global specialization are shown to be identical when all local indices use the dissimilarity logic. Two-digit standard industry codes manufacturing data, taken from the U.S. during 1958–1995, are used to illustrate the results. The values of these global coefficients, like their local constituents, are shown to vary with geographic scale. The discussion addresses spatial distributions (evenness) but not geographic arrangements (clustering).
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00295.x
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  • 22
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    Multinational Firms’ Location and the New Economic Geography (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Multinational Firms’ Location and the New Economic Geography
Edited by Jean-Louis Mucchielli and Thierry Mayer, Cheltenham: Edward Elgar Publishing. 1704. xii + 238 pp. $100.00 (Cloth). ISBN 1-84376-654-X. 
Reviewed by Nicholas A. Phelps 
School of Geography, University of Southampton
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  • 23
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    The Porter Hypothesis and the Economic Consequences of Environmental Regulation, A Neo-Schumpetarian Approach (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: The Porter Hypothesis and the Economic Consequences of Environmental Regulation, A Neo-Schumpetarian Approach
Edited by Thomas Roediger-Schluga, Northampton, MA: Edward Elgar Publishing. 1704. 349 pp. $115.00 (Cloth). ISBN 1-84376-644-247. 
Reviewed by Cees Withagen 
Department of Spatial Economics 
Vrije Universiteit Amsterdam
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    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00299.x
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  • 24
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    Index to Volume 36 (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.1468-2257.2005.00301.x
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    The Firm as Social Networks: An Organisational Perspective (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This paper offers an organizational perspective on the firm in new economic geographies. It starts with the premise of the firm as a production function in neoclassical economics and a cost minimisation device in transaction cost economics. By pointing out the inadequacy in these mainstream economic perspectives on the firm, I draw upon recent behavioral and managerial theories to develop a relational conception of the firm as social networks in which actors are embedded in ongoing power relations and discursive processes. In further elaborating this relational perspective on the firm as an organisational device, I show how the firm is governed through social relations among different actors, how it is a site of contested ideologies and political representations among these actors, and how space and geographical scales matter in shaping its social construction. Taken together, this organisational perspective aims to shift our research agenda in urban and regional development from promoting the growth of the firm per se to understanding how the firm serves as a relational institution that connects spatially differentiated actors in different places and regions.
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    BOOK REVIEWS (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: EUROPEAN REGIONAL GROWTH.Edited by Bernard Fingleton. Berlin, Heidelberg, New York: Springer-Verlag. 2003. viii + 435 pp. ISBN 3-540-00366-5.RURAL PROGRESS, RURAL DECAY; NEOLIBERAL ADJUSTMENT POLICIESAND LOCAL INITIATIVES.Edited by Lisa L. North and John D. Cameron. Bloomfield, CT: Kumarian Press. July 2003. xx + 288pp; ISBN 1-56549-171-8 (cloth) $65, 1-56549-170-X (paper) $25.95.
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    An Urban Approach to Firm Entry: The Effect of Urban Size (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This article explores the determinants of firm entry in Spanish municipalities. The authors consider that size is an important determinant of a city's capacity to attract new manufacturing firms. Panel data were used to estimate the determinants of entry according to urban size in Spain (from 1994 to 1702). This article contributes to the literature on market entry because most previous contributions have focused on regional factors rather than urban ones. The results show that local characteristics affect the formation of new firms. However, more local data are needed to obtain more specific results.
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    Book Reviews (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Earthly Politics: Localand Globalin Environmental Governance
Edited by Sheila Jasanoff and Marybeth Long Martello, Cambridge: MIT Press, 2004. x + 356 pp. $27.00 (paperback). ISBN 0-262-60059-5 
Reviewed by Dean M. Hanink 
Department of Geography 
University of ConnecticutRoy, John R. Spatial Interaction Modelling: A Regional Science Context
Series: Advances in Spatial Science, Springer. 2004, X, 239 p. 7 illus., ISBN: 3-540-20528-4 
Reviewed by Morton E. O’Kelly 
Department of Geography 
The Ohio State UniversityAnthony Downs, ed. 2004. Growth Managementand Affordable Housing: Do They Conflict? Washington, DC: Brookings Institution Press. 290 pp. ISBN 0-1857-19337. 
Reviewed by Michael L. Lahr 
Associate Research Professor 
Center for Urban Policy Research 
Rutgers, The State University of New Jersey
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    The New Retail Economy of Shanghai (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   As Shanghai strives to build itself into an international center of finance, trade, and commerce, a new retail economy has evolved accordingly. In the past two decades, its retail sector has been transformed from a simple and inefficient distribution system to a much more complex and highly competitive market-oriented economy. The new retail economy in many ways resembles the contemporary capitalist retail economy in the Western cities, but it also exhibits significant differences with Chinese characteristics. While the affluent consumer market is the necessary condition for sustained retail growth, it is the retail deregulation that has been the fundamental driving force for the structural changes in Shanghai's retail sector. Its liberal policies attracted major international retailers to either choose Shanghai as the gateway city to enter the China market, or locate their China headquarters offices in Shanghai to command their operations throughout the country. Indeed, the retail transformation in post-reform Shanghai is a clear testimony of the Economic Transition Model. The main data sources for this empirical study are the 1999 Census of Commercial Activity in Shanghai and the Shanghai Statistical Yearbook. They are supplemented by data collected from reputable Web sites and through field work in Shanghai.
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    The Territorial Agglomerations of Firms: A Social Capital Perspective from the Spanish Tile Industry (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Using the Social Capital theoretical framework, territorial agglomerations of firms, such as in the industrial district, can be identified as dense strong-tie networks and are thus suitable for exploiting activities. This paper addresses the possible exploring limitations of these clustered firms. Following alternative explanations, such as the structural holes and weak tie approaches, it is proposed that local institutions may play a role as intermediary agents between external disperse networks and internal dense networks, therefore enabling these firms to deal with the requirements of an ever-changing environment. The paper also develops an empirical section where the Spanish ceramic tile industrial district is described in order to illustrate theoretical arguments. Findings suggested a number of ways in which local institutions may facilitate the creation of value for firms. Particularly, local institutions interact with many external firms and institutions and undertake research projects with local firms. In addition, some quantification of the participation of firms in the activities carried out by institutions is offered, suggesting explanations for the barriers that prevent firms from gaining direct access to external networks.
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    Residential Property Values and Community Right-to-Know Laws: Has the Toxics Release Inventory Had an Impact? (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   This paper uses a cross-sectional hedonic pricing model to investigate the relationship between the U.S. Environmental Protection Agency's (EPA) Toxics Release Inventory (TRI) data releases and the prices of single-family residences within postal zip code areas situated in Omaha, Nebraska's Douglas County. The model employs demographic data from the 2000 Census, toxic chemical release data for the year 2000 from the EPA's TRI database, as well as other pollution variables for each of the zip code areas comprising Douglas County. The model also employs house-specific data supplied by the Douglas County Assessor's Office on dwelling characteristics for homes sold in Douglas County in the year 2000. The findings indicate that, when controlling for relevant socioeconomic variables, TRI pollutant releases are significant determinants of residential housing values. The results should be of interest to anyone in the real estate industry, including tax assessors, appraisers, mortgage lenders, and property owners.
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    A Note on Small Business Survival Rates in Rural Areas: The Case of Washington State (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Using Washington State Department of Revenue and Employment Security Department data, this article uses non-parametric duration analysis to examine the nine-year time path of rural firm survival and hazard rates. The focus is on a cohort of rural firms that started operations in 1992; the cohort is followed up to the year 2000. Survival rates are estimated by using standard non-parametric (life-table) duration analysis. Using straightforward statistical tests, the study finds evidence that survival rates are statistically higher for firms that start as employers and for firms in the natural resource and service-based sectors.
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    GROWTH AND CHANGE (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.0017-4815.2005.00271.x
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    Transaction Costs, Agglomeration Economies, and Industrial Location (2005)
    Oxford, UK and Malden, USA : Blackwell Publishing Ltd.
    Growth and change 36 (2005), S. 0 
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    ISSN: 1468-2257
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes:   Following an outline of the different types of agglomeration economy, consideration is given to transaction costs. Transaction costs may have a definite spatial dimension because institutional, commercial, cultural, and language characteristics are differentiated across the geographic space separating market agents. The concept of transaction space is introduced to represent the spatial differentiation of these characteristics, and this concept is used to cast light on how space can contribute to coordination and agency problems that raise transaction costs. Contractual agreements that are rearranged, so as to span a less heterogeneous transaction space, permit the reduction of transaction costs. Agglomeration can then be interpreted as an alternative to hierarchical structures within firms in economizing on transaction costs. The paper concludes with illustrations of how this framework may help to understand the spatial implications of corporate restructuring and new information technologies.
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    Where Do Cities Form? A Geographical Agglomeration Model for Europe (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  In the recent literature on spatial agglomeration models, substantial progress has been made in modeling urban structures in terms of number and size of cities, but the question where cities arise remains unanswered. This paper illustrates that if a spatial agglomeration model is extended with a true geographical dimension, the location of cities can also be endogenized. A geographical agglomeration model for Europe shows that the size and place of cities can be simultaneously determined. The empirical results suggest that elementary economic forces such as agglomeration economies and transportation costs might be able to explain place and size of cities in the long run to a substantial degree. In addition, some new statistical measures of fit are discussed that are needed to evaluate simulations results of this kind.
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    Bayesian Analysis of Knowledge Spillovers in European Regions (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper estimates the effects of knowledge spillovers on patent growth rates across 335 European regions over the 1989–1999 period. We propose a dynamic model based on an innovation production function. A Bayesian approach is used to take into account area-specific innovation and spatial spillovers. The estimation of the model proceeds via Markov Chain Monte Carlo simulation. The results show significant positive and negative spatial effects on innovative activity. The model allows for a rich spatial specification, which we illustrate by incorporating transport proximity measured by transportation time between regions to augment the typical spatial proximity measure of connectivity between regions. Doing this produces more pronounced spatial spillovers that exhibit a more polarized spatial pattern than a model relying on spatial proximity alone.
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    Do Workers Benefit from Industrial Agglomeration? (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper provides an empirical investigation of the advantages accruing to workers in industrial clusters. Using a unique data set based on the Cluster Mapping Project of the Italian National Statistical Institute, we examine whether industry agglomeration leads to wage and labor mobility differentials. We estimate complete Mincerian wage equations, investigating whether returns to seniority and education are a possible source of differentiation. We find that working in an industrial cluster reduces the returns to education, does not affect the returns to seniority, and does not provide average wage premia. On the other hand, industrial agglomeration positively affects the likelihood of being employed, of starting a business, and of making a transition from payroll employment to entrepreneurship; it also increases blue-collar worker mobility across jobs.
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    Book Reviews (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Books reviewed:Luc Anselin, Raymond J. G. M. Florax, and Sergio J. Rey. Advances in Spatial Econometrics: Methodology, Tools and ApplicationsAmy Ellen Schwartz. City Taxes, City Spending: Essays in Honor of Dick NetzerAndrew Wood and David Valler. Governing Local and Regional Economies: Institutions, Politics and Economic DevelopmentVijayendra Rao and Michael Walton. Culture and Public ActionKent W. Colton. Housing in the Twenty-First Century: Achieving Common GroundLeo van den Berg and Antonio Russo. The Student City: Strategic Planning for Student Communities in EU CitiesHarry W. Richardson and Chang-Hee Christine Bae. Urban Sprawl in Western Europe and the United StatesRon J. Johnston and James D. Sidaway. Geography & Geographers: Anglo-American Human Geography since 1945Georges Benko and Ulf Strohmayer. Human Geography: A History for the 21st CenturyGary L. Gaile and Cort J. Willmott. Geography in America at the Dawn of the 21st CenturyMichael Storper. Institutions, Incentives and Communication in Economic GeographyMichael D. Bordo, Alan M. Taylor, and Jeffrey G. Williamson. Globalization in Historical PerspectiveA. J. Dietz, Ruerd Ruben, and A. Verhagen. The Impact of Climate Change on Drylands, With a Focus on West AfricaFrancis J. Leazes Jr. and Mark T. Motte. Providence, the Renaissance CityMike Carr. Bioregionalism and Civil Society: Democratic Challenges to Corporate Globalism
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    Mode Choice, Commuting Cost, and Urban Household Behavior (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  In this paper, we extend the partial equilibrium urban model of DeSalvo (1985) to include mode choice. DeSalvo demonstrated that the urban model of Muth (1969) was robust to the extension to leisure choice. We show that the model is robust to mode choice as well. In addition, we derive the comparative static results that commuters choose higher speed modes for longer commutes, at higher wage rates, with greater tastes for housing, and with lower housing prices. Also, for a given distance commuted, we derive the comparative static result that commuters chose shorter duration commutes at higher wage rates. Whereas it is typically assumed that marginal commuting cost is positive and non-increasing with distance, we derive these results. Moreover, we derive the results that marginal commuting cost rises with an exogenous increase in housing price and falls with increased tastes for housing. We also explore the effects of exogenous commuting-cost changes on the endogenous variables of the model. The remaining comparative static results on housing consumption and location are qualitatively the same as in DeSalvo.
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    Income Convergence across U.S. States: An Analysis Using Measures of Concordance and Discordance (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper presents methods to analyze convergence in cross-sectional data collected over time using distribution free statistics that are not sensitive to the magnitudes involved. Measures of concordance and discordance are employed in the empirical analysis of real personal income per capita for 48 U.S. States over the period 1929–2002. Although most States are converging with each other, some are converging faster than others. The methods used have the flexibility to focus on specific characteristics such as convergence in absolute differences or convergence in the ratio of rewards. The methods may also be used to consider convergence without switching and additionally be applied to other features such as the percentiles of the distributions.
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    Cluster Dynamics: New Evidence and Projections for Computing Services in Great Britain (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper tests some of the main hypotheses about the importance of horizontal clusters for the growth of employment in small firms using data from Computing Services in Great Britain. In the main section of the paper, spatial econometric models are estimated controlling for supply- and demand-side conditions to isolate the effect of initial cluster intensity. The paper then projects cluster development using the fitted model, showing how clusters are likely to emerge and intensify. One aspect of the paper is the existence of a de-clustering mechanism due to congestion effects.
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    Does Income Distribution Affect U.S. State Economic Growth? (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Numerous models propose an income-distribution/growth linkage, but the empirical evidence is ambiguous and depends on the regression approach. Mixed findings are not unexpected if there are differing short- and long-term responses. Approaches utilizing cross-sectional variation primarily reflect long-run effects, whereas those using time-series variation primarily reveal short-run effects. This study reconciles these issues using U.S. state data. After allowing for short- and long-run responses and for separate effects between the tails and middle of the distribution, the consistent pattern is the middle-class share and overall inequality are positively related to long-run growth. However, the short-run income-distribution response is less clear.
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    New Evidence of the Effect of Transaction Costs on Residential Mobility (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Transaction costs have attracted considerable attention in the theoretical literature on residential mobility. Transaction costs are thought to cause suboptimal consumption of housing but may also negatively affect labor market outcomes. In the current paper, we demonstrate empirically for the Netherlands that transaction costs have a strong negative effect on the owners' probability of moving. Under a range of different specifications, it appears that a 1 percent-point increase in the value of transaction costs—as a percentage of the value of the residence—decreases residential mobility rates by (at least) 8 percent. The estimates imply that ownership to ownership mobility rates would be substantially higher in the absence of the current 6 percent ad valorem buyer transaction tax. Our estimates are consistent with the observation that in the Netherlands ad valorem transaction costs mainly consist of buyer transaction costs.
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    Undocumented Immigration and Host-Country Welfare: Competition Across Segmented Labor Markets (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  In this paper's model, undocumented workers are endogenously sorted into secondary labor markets. When further illegal immigration occurs, some new migrants follow their fellows into already migrant-dominated jobs, lowering migrant wages and raising real incomes of host-country labor and capital. Some submarkets switch from employing legal workers to employing migrants, lowering demand for and wages of legal workers. Undocumented immigration is Pareto-improving when enforcement reserves primary-sector jobs for legal workers. Pareto-dominant policies target the number of migrant-dominated submarkets, not the number of migrants. This appears consistent with U.S. enforcement practices. The effects of deportations, employer sanctions, and amnesties are explored.
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    Hotelling Games with Three, Four, and More Players (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper extends the interval Hotelling model with quadratic transport costs to the n-player case. For a large set of locations including potential equilibrium configurations, we show for n 〉 2 that firms neither maximize differentiation—as in the duopoly model—nor minimize differentiation—as in the multi-firm game with linear transport cost. Subgame perfect equilibria for games with up to nine players are characterized by a U-shaped price structure and interior corner firm locations. Results are driven by an asymmetry between firms. Interior firms are weaker competitors than their rivals at the corners. Increasing the number of firms shifts even more power to the corner firms. As a result, there is too much differentiation from the social perspective if n ≤ 3, while adding firms leads to a level of differentiation in equilibrium below the social optimum.
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    A Flexible Mathematical Programming Model to Estimate Interregional Input–Output Accounts (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This study implements and tests a mathematical programming model to estimate interregional, interindustry transaction flows in a national system of economic regions based on an interregional accounting framework and initial information of interregional shipments. A national input–output (IO) table, regional data on gross output, value-added, exports, imports, and final demand at sector level are used as inputs to generate an interregional IO account that reconciles regional economic statistics and interregional transaction data. The model is tested using data from a multiregional global IO database and shows remarkable capacity to discover true interregional trade patterns from highly distorted initial estimates.
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    Composition, Similarity, and the Measurement of Economic Homogeneity (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  The concept of economic homogeneity in regional science is based on two very different notions: composition and similarity. In the case of the states of the US, measures of homogeneity based on these different notions are negatively correlated with each other, suggesting that the results of studies that use measures of economic homogeneity are likely to be sensitive to the conceptual basis of the specific measure. In order to overcome this problem, a portfolio-theoretic measure of economic homogeneity with some attractive properties is presented. It is naturally decomposable into two components reflecting each of these notions and easy to construct using widely available data. Using this measure, patterns of homogeneity for the states of the US are illustrated and discussed, and hypotheses about the relationship between homogeneity and economic instability are tested.
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    Modeling Geographic Ferrous Scrap Markets: Regional Prices and Interregional Transactions in the United States (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  The U.S. Regional Ferrous Scrap Model analyzes spatial variations in prices for two grades of ferrous scrap using a logistic model of choice under differentiated products. The model uses a computer-generated equilibrium framework to solve for prices that support the observed spatial distribution of supply and demand quantities. This paper presents the model's formal structure and its solution algorithm. The model specification is highly disaggregated with 1,212 supply and 240 demand regions. Characteristics of the equilibrium solution are described for prices and interregional flows. Sensitivity of equilibrium values to changes in model parameters is reported.
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    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00379.x
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    Book Reviews (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Books reviewed:Der-Horng Lee, Urban and Regional Transportation Modeling: Essays in Honor of David BoyceRichard Netzer, The Property Tax, Land Use and Land Use RegulationEric Sheppard and Robert B. McMaster, Scale and Geographic Inquiry: Nature, Society, and MethodLaura A. Reese and David Fasenfest, Critical Evaluations of Economic Development PoliciesTracy M. Gordon, Planned Developments in California: Private Communities and Public LifeAlberto Alesina and Enrico Spolaore, The Size of NationsTimothy Bresnahan and Alfonso Gambardella, Building High-Tech Clusters: Silicon Valley and BeyondDavid Brunori, Local Tax Policy: A Federalist PerspectiveAndré Sorensen, Peter J. Marcotullio, and Jill Grant, Towards Sustainable Cities: East Asian, North American and European Perspectives on Managing Urban RegionsMichael Dear and Gustavo Leclerc, Postborder City: Cultural Spaces of Bajalta CaliforniaEdward J. Lincoln, East Asian Economic RegionalismFiona Hill and Clifford Gaddy, The Siberian Curse: How Communist Planners Left Russia Out in the ColdJonathan Barnett, Redesigning Cities: Principles, Practice, ImplementationJohn Punter, The Vancouver Achievement: Urban Planning and DesignDavid Halle, New York & Los Angeles: Politics, Society, and Culture: A Comparative ViewChris Couch, City of Change and Challenge: Urban Planning and Regeneration in LiverpoolAlan Rabinowitz, Urban Economics and Land Use in America: The Transformation of Cities in the Twentieth CenturyDon Mitchell, The Right to the City: Social Justice and the Fight for Public Space
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    The Location Choice of Employment-based Immigrants among U.S. Metro Areas (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper examines the initial location choice of legal employment-based immigrants to the United States using Immigration and Naturalization Service data on individual immigrants, as well as economic, demographic, and social data to characterize the 298 metropolitan areas we define as the universal choice set. Focusing on interactions between place characteristics and immigrant characteristics, we provide multinomial logit model estimates for the location choices of about 38,000 employment-based immigrants to the United States in 1995, focusing on the top 10 source countries. We find that, as groups, immigrants from nearly all countries are attracted to large cities with superior climates, and to cities with relatively well-educated adults and high wages. We also find evidence that employment-based immigrants tend to choose cities where there are relatively few immigrants of nationalities other than their own. However, when we introduce interaction terms to account for the sociodemographic characteristics of the individual immigrants, we find that the estimated effects of location destination factors can reverse as one takes account of the age, gender, marital status, and previous occupation of the immigrants.
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    Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Recent natural and manmade disasters have had significant regional economic impacts. These effects have been muted, however, by the resilience of individual businesses and of regional markets, which refers to the inherent ability and adaptive responses that enable firms and regions to avoid potential losses. Computable general equilibrium (CGE) analysis is a promising approach to disaster impact analysis because it is able to model the behavioral response to input shortages and changing market conditions. However, without further refinement, CGE models, as well as nearly all other economic models, reflect only “business-as-usual” conditions, when they are based on historical data. This paper advances the CGE analysis of major supply disruptions of critical inputs by: specifying operational definitions of individual business and regional macroeconomic resilience, linking production function parameters to various types of producer adaptations in emergencies, developing algorithms for recalibrating production functions to empirical or simulation data, and decomposing partial and general equilibrium responses. We illustrate some of these contributions in a case study of the sectoral and regional economic impacts of a disruption to the Portland Metropolitan Water System in the aftermath of a major earthquake.
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    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00371.x
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    Resource-Constrained Export-Base Regional Multipliers: A Northian Approach (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper attempts to rescue the regional export-base growth model from a purely demand-side interpretation. It formally develops the classic Northian approach, where the exploitation of region-specific resources by export-orientated production sectors determines regional growth. In this model, the nature of the regional expansion is shown to be stimulus-specific with the value of the marginal export-base multiplier varying within very wide limits, depending upon key characteristics of the region and the nature of the supply-side shock to the export base.
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    ON UTILITY-BASED PRICING OF CONTINGENT CLAIMS IN INCOMPLETE MARKETS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: We study the uniqueness of the marginal utility-based price of contingent claims in a semimartingale model of an incomplete financial market. In particular, we obtain that a necessary and sufficient condition for all bounded contingent claims to admit a unique marginal utility-based price is that the solution to the dual problem defines an equivalent local martingale measure.
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    OPTIMAL REINSURANCE AND DIVIDEND DISTRIBUTION POLICIES IN THE CRAMÉR-LUNDBERG MODEL (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: We consider that the reserve of an insurance company follows a Cramér-Lundberg process. The management has the possibility of controlling the risk by means of reinsurance. Our aim is to find a dynamic choice of both the reinsurance policy and the dividend distribution strategy that maximizes the cumulative expected discounted dividend payouts. We study the usual cases of excess-of-loss and proportional reinsurance as well as the family of all possible reinsurance contracts. We characterize the optimal value function as the smallest viscosity solution of the associated Hamilton-Jacobi-Bellman equation and we prove that there exists an optimal band strategy. We also describe the optimal value function for small initial reserves.
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    A QUANTIZATION TREE METHOD FOR PRICING AND HEDGING MULTIDIMENSIONAL AMERICAN OPTIONS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: We present here the quantization method which is well-adapted for the pricing and hedging of American options on a basket of assets. Its purpose is to compute a large number of conditional expectations by projection of the diffusion on optimal grids designed to minimize the (square mean) projection error (Graf and Luschgy 2000). An algorithm to compute such grids is described. We provide results concerning the orders of the approximation with respect to the regularity of the payoff function and the global size of the grids. Numerical tests are performed in dimensions 2, 4, 5, 6, 10 with American style exchange options. They show that theoretical orders are probably pessimistic.
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    A REPRESENTATION RESULT FOR CONCAVE SCHUR CONCAVE FUNCTIONS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: A representation result is provided for concave Schur concave functions on L∞(Ω). In particular, it is proven that any monotone concave Schur concave weakly upper semicontinuous function is the infinimum of a family of nonnegative affine combinations of Choquet integrals with respect to a convex continuous distortion of the underlying probability. The method of proof is based on the concave Fenchel transform and on Hardy and Littlewood's inequality. Under the assumption that the probability space is nonatomic, concave, weakly upper semicontinuous, law-invariant functions are shown to coincide with weakly upper semicontinuous concave Schur concave functions. A representation result is, thus, obtained for weakly upper semicontinuous concave law-invariant functions.
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    Mathematical Finance
Cumulative Index, Volume 15 (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
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    PSEUDODIFFUSIONS AND QUADRATIC TERM STRUCTURE MODELS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: The non-Gaussianity of processes observed in financial markets and the relatively good performance of Gaussian models can be reconciled by replacing the Brownian motion with Lévy processes whose Lévy densities decay as exp(−λ|x|) or faster, where λ 〉 0 is large. This leads to asymptotic pricing models. The leading term, P0, is the price in the Gaussian model with the same instantaneous drift and variance. The first correction term depends on the instantaneous moments of order up to 3, that is, the skewness is taken into account, the next term depends on moments of order 4 (kurtosis) as well, etc. In empirical studies, the asymptotic formula can be applied without explicit specification of the underlying process: it suffices to assume that the instantaneous moments of order greater than 2 are small w.r.t. moments of order 1 and 2, and use empirical data on moments of order up to 3 or 4. As an application, the bond-pricing problem in the non-Gaussian quadratic term structure model is solved. For pricing of options near expiry, a different set of asymptotic formulas is developed; they require more detailed specification of the process, especially of its jump part. The leading terms of these formulas depend on the jump part of the process only, so that they can be used in empirical studies to identify the jump characteristics of the process.
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    MEAN–VARIANCE PORTFOLIO CHOICE: QUADRATIC PARTIAL HEDGING (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: In this paper we investigate the problem of mean–variance portfolio choice with bankruptcy prohibition. For incomplete markets with continuous assets' price processes and for complete markets, it is shown that the mean–variance efficient portfolios can be expressed as the optimal strategies of partial hedging for quadratic loss function. Thus, mean–variance portfolio choice, in these cases, can be viewed as expected utility maximization with non-negative marginal utility.
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    A NEW METHOD OF PRICING LOOKBACK OPTIONS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: A new method for pricing lookback options (a.k.a. hindsight options) is presented, which simplifies the derivation of analytical formulas for this class of exotics in the Black-Scholes framework. Underlying the method is the observation that a lookback option can be considered as an integrated form of a related barrier option. The integrations with respect to the barrier price are evaluated at the expiry date to derive the payoff of an equivalent portfolio of European-type binary options. The arbitrage-free price of the lookback option can then be evaluated by static replication as the present value of this portfolio. We illustrate the method by deriving expressions for generic, standard floating-, fixed-, and reverse-strike lookbacks, and then show how the method can be used to price the more complex partial-price and partial-time lookback options. The method is in principle applicable to frameworks with alternative asset-price dynamics to the Black-Scholes world.
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    CONTINUOUS-TIME MEAN-VARIANCE PORTFOLIO SELECTION WITH BANKRUPTCY PROHIBITION (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: A continuous-time mean-variance portfolio selection problem is studied where all the market coefficients are random and the wealth process under any admissible trading strategy is not allowed to be below zero at any time. The trading strategy under consideration is defined in terms of the dollar amounts, rather than the proportions of wealth, allocated in individual stocks. The problem is completely solved using a decomposition approach. Specifically, a (constrained) variance minimizing problem is formulated and its feasibility is characterized. Then, after a system of equations for two Lagrange multipliers is solved, variance minimizing portfolios are derived as the replicating portfolios of some contingent claims, and the variance minimizing frontier is obtained. Finally, the efficient frontier is identified as an appropriate portion of the variance minimizing frontier after the monotonicity of the minimum variance on the expected terminal wealth over this portion is proved and all the efficient portfolios are found. In the special case where the market coefficients are deterministic, efficient portfolios are explicitly expressed as feedback of the current wealth, and the efficient frontier is represented by parameterized equations. Our results indicate that the efficient policy for a mean-variance investor is simply to purchase a European put option that is chosen, according to his or her risk preferences, from a particular class of options.
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    ON THE ERROR IN THE MONTE CARLO PRICING OF SOME FAMILIAR EUROPEAN PATH-DEPENDENT OPTIONS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: This paper studies the relative error in the crude Monte Carlo pricing of some familiar European path-dependent multiasset options. For the crude Monte Carlo method it is well known that the convergence rate O(n−1/2), where n is the number of simulations, is independent of the dimension of the integral. This paper also shows that for a large class of pricing problems in the multiasset Black-Scholes market the constant in O(n−1/2) is independent of the dimension. To be more specific, the constant is only dependent on the highest volatility among the underlying assets, time to maturity, and degree of confidence interval.
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    THE BLACK-SCHOLES EQUATION REVISITED: ASYMPTOTIC EXPANSIONS AND SINGULAR PERTURBATIONS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: In this paper, novel singular perturbation techniques are applied to price European, American, and barrier options. Employment of these methods leads to a significant simplification of the problem in all cases, by reducing the number of parameters. For American options, the valuation problem is reduced to a procedure that may be performed on a rudimentary handheld calculator. The method also sheds light on the evolution of option prices for all of the cases considered, the results being particularly illuminating for American and barrier options.
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    ANALYTICAL COMPARISONS OF OPTION PRICES IN STOCHASTIC VOLATILITY MODELS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: This paper gives an ordering on option prices under various well-known martingale measures in an incomplete stochastic volatility model. Our central result is a comparison theorem that proves convex option prices are decreasing in the market price of volatility risk, the parameter governing the choice of pricing measure. The theorem is applied to order option prices under q-optimal pricing measures. In doing so, we correct orderings demonstrated numerically in Heath, Platen, and Schweizer (Mathematical Finance, 11(4), 2001) in the special case of the Heston model.
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    ON THE AMERICAN OPTION PROBLEM (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    Topics: Mathematics , Economics
    Notes: We show how the change-of-variable formula with local time on curves derived recently in Peskir (2002) can be used to prove that the optimal stopping boundary for the American put option can be characterized as the unique solution of a nonlinear integral equation arising from the early exercise premium representation. This settles the question raised in Myneni (1992) and dating back to McKean (1965).
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    CLOSED-FORM SOLUTIONS FOR OPTIMAL PORTFOLIO SELECTION WITH STOCHASTIC INTEREST RATE AND INVESTMENT CONSTRAINTS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: We examine the portfolio choice problem of an investor with constant relative risk aversion in a financial market with partially hedgeable interest rate risk. The individual shadow price of the portfolio constraint is characterized as the solution of a new backward equation involving Malliavin derivatives. A generalization of this equation is studied and solved in explicit form. This result, applied to our financial model, yields closed-form solutions for the shadow price and the optimal portfolio. The effects of parameters such as risk aversion, interest rate volatility, investment horizon, and tightness of the constraint are examined. Applications of our method to a monetary economy with inflation risk and to an international setting with currency risk are also provided.
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    A NOTE ON ARBITRAGE AND CLOSED CONVEX CONES (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: We give an example of a subspace Kof 〈inlineGraphic alt="inline image" href="urn:x-wiley:09601627:MAFI215:MAFI_215_mu1" location="equation/MAFI_215_mu1.gif"/〉 such that 〈inlineGraphic alt="inline image" href="urn:x-wiley:09601627:MAFI215:MAFI_215_mu2" location="equation/MAFI_215_mu2.gif"/〉, where 〈inlineGraphic alt="inline image" href="urn:x-wiley:09601627:MAFI215:MAFI_215_mu3" location="equation/MAFI_215_mu3.gif"/〉 denotes the closure with respect to convergence in probablity. On the other hand, the cone C≔K−L∞+ is dense in L∞ with respect to the weak-star topology σ(L∞, L1). This example answers a question raised by I. Evstigneev. The topic is motivated by the relation of the notion of no arbitrage and the existence of martingale measures in Mathematical Finance.
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    TROPICALITY AND TOPICALITY: PIERRE GOUROU AND THE GENEALOGY OF FRENCH COLONIAL SCHOLARSHIP ON RURAL VIETNAM (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Notes: This article discusses the relevance of the work of Pierre Gourou for Vietnamese and non-Vietnamese scholarship on colonial and postcolonial rural society in Vietnam. The term “tropicality” is used to situate Gourou's work within the framework of both French and Vietnamese regimes of truth. It is argued that Gourou was aware of the complex human geographies of the tropics and monsoon Asia and the challenges this posed to both Western and “tropical” peoples. Gourou and the issue of tropicality is used to show that Vietnamese scholars did not completely reject French colonial systems of knowledge, and that decolonisation did not herald a complete shift in knowledge about rural Vietnam. Rather, since the 1940s there has been antagonism and accommodation between colonial and postcolonial, French and Vietnamese modes of knowledge production. While Gourou underscored the otherness of the tropics, and there are colonial overtones in his work, he had an immense influence on indigenous ethnography and geography in Vietnam and elsewhere in the formerly colonised world. The article traces this important influence and how it has been both questioned and affirmed since independence in the Vietnamese context. It is suggested that the humanistic approach that Gourou pioneered in his 1936 study of the Red River Delta of northern Vietnam has outlived and been able to overcome the setbacks and drawbacks of both colonial and revolutionary/Vietnamese politico-intellectual projects.
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    SACRED GROVES FOR FOREST CONSERVATION IN GHANA'S COASTAL SAVANNAS: ASSESSING ECOLOGICAL AND SOCIAL DIMENSIONS (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
    Details
    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Notes: Despite recent interest in sacred (fetish) groves as remnant forests, few studies have investigated their sustainability and conservation role in West Africa. This article employs a Geographical Information Systems (GIS) analysis of time series images (1960-98), comprehensive social surveys and ecological field methods to evaluate four sacred groves and eight unprotected tree stands in the coastal savanna of Ghana and compare these with vegetation in the distant forested hinterland. There were strong similarities and substantial differences in tree species between different sacred groves, and between these and the unprotected stands and proximate deciduous forests. In addition, far fewer tree losses were documented in the sacred groves than in the local unprotected stands. Although these sacred groves were on average only partially representative of deciduous forest vegetation, their stronger sustainability compared with unprotected tree stands may be important to consider in detail for conservation.
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    THE ASIAN TSUNAMI, ACADEMICS AND ACADEMIC RESEARCH (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
    Details
    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.0129-7619.2005.00216.x
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    EDITORIAL: LESSONS IN GEOGRAPHY (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.0129-7619.2005.00197.x
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    PUTTING THE MESSINESS BACK IN: TOWARDS A GEOGRAPHY OF DEVELOPMENT AS CREATIVITY (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.0129-7619.2005.00032.x
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    SCALE, POWER AND THE LIMITS TO POSSIBILITIES (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Type of Medium: Electronic Resource
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    “TROPICALISM” IN FRENCH GEOGRAPHY: REALITY, ILLUSION OR IDEAL? (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
    Details
    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Notes: In important respects, the disciplinary field of “tropical geography” is a uniquely French field of study, and Pierre Gourou is conventionally seen as its founder and doyen. Yet Gourou did not see himself as the creator of a new paradigm or research school, and geographers were generally more influenced by his writings than by his teaching or any personal connection. With particular reference to French geographical research in and on tropical Africa during the second half of the twentieth century, it is suggested that the development of tropical geography as a subfield - and tropicalism as a research orientation - can be put down to a variety of factors and circumstances. Geographical research on Africa was pivotal, as was the rise to prominence in French research institutes of some of Gourou's disciples. But African academics also played a part, as did criticism of tropical geography for its marginalisation of issues of development and geopolitics. The paper examines this postwar intellectual history and attempts to draw from it a positive and forward looking legacy - a reinvigorated and interdisciplinary “tropicalism”, the main axis of which would be the analysis of the specific characteristics of tropical ecology, and its use and transformation by the societies that live from it. Such a project may help us to confront the contemporary world ecological crisis, and forge critical research projects on globalisation (altermondialisme) that can discern and deal with the complex local-global, and rural-urban, articulations of this phenomenon.
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    REFEREES FOR SJTG October 2004–September 2005 (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Type of Medium: Electronic Resource
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    TRAVERSING THE FANTASY OF SUFFICIENCY (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
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    SPATIO-TEMPORAL ASPECTS OF LAND USE AND LAND COVER CHANGES IN THE NIAH CATCHMENT, SARAWAK, MALAYSIA (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Notes: This paper focuses on the large-scale land use and land cover changes that have taken place in Sarawak state, East Malaysia over the three decades of 1972-2002. Results are presented from a detailed land use and cover change (LUCC) study in the Niah River catchment using satellite imagery, questionnaire surveys and interviews. Successive waves of land cover changes have taken place. Large forest areas have been logged and gradually replaced by oil palm plantations, which now occupy more than 40 per cent of the total land area in the catchment. Concurrently, small-scale farming systems have also changed. Formerly dominant Iban shifting cultivation practices are increasingly being replaced by cash crop production on permanent fields and impacted by off-farm activities involving many ethnic groups. It is argued that land cover changes are continuous and complex processes involving a large number of variables which can be analysed for different time periods at various scales.
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    GEOPOLITICS AND HUMAN RIGHTS: UNPACKING AUSTRALIA'S BURMA1 (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Singapore journal of tropical geography 26 (2005), S. 0 
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    ISSN: 1467-9493
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography
    Notes: This paper adopts ideas from critical geopolitics to explore how Western human rights discourses have been enabled and used to construct Myanmar by Australian governments and nongovernmental aid organisations. Three distinct human rights scripts are observed that position donors as either punishers, saviours or partners. It is argued that the scripts are enabled by factors external to the actual abuses themselves, including the traditional scripting of Burma within Australian geopolitical memories; the feminine Burmese identity and the networks embodied by the opposition leader, Daw Suu Kyi; and Australia's shifting geopolitical interests in the Southeast Asia region. The case study is used to argue for a broader geography of human rights that recognises their spatiality. Such geographies can improve and broaden human rights politics and debates beyond state-based campaigning, ensuring that campaigns are in the interests of the most marginalised, rather than the most vocal.
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    More on multipliers (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Recently, Oosterhaven and Stelder (2002, Journal of Regional Science, 42, 533–543) (OS) addressed the issue of measuring the economic importance of an industry. In practice, the traditional multipliers are commonly multiplied by, for example, the outputs. According to OS, this is a misuse that leads to double counting, a correction for which results in their net multipliers. In this note, I will provide an economic interpretation, which suggests that net multipliers may be a good choice for descriptive purposes. The comment by de Mesnard (2002, Journal of Regional Science, 42, 545–548) adopts a different viewpoint. Following his approach, I will show that also the common procedure—which was the central point of rejection in OS—has a sound economic interpretation. In its turn, this yields an alternative interpretation for the matrices used in supply-driven input–output models.
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    Mode-Locking and Regional Business Cycle Synchronization (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Business cycles in different regions of the United States tend to synchronize. This study investigates the reasons behind this synchronization of business cycles and the consequent formation of a national business cycle. Trade between regions may not be strong enough for one region to “drive” business cycle fluctuations in another region. This study suggests that regional business cycles synchronize due to a nonlinear “mode-locking” process in which weakly coupled oscillating systems (regions) tend to synchronize. There is no definitive test for mode-lock. However, simulations, correlations, Granger causality tests, tests for nonlinearities, vector autoregressions, and spectral analysis reveal modest econometric support for the regional mode-locking hypothesis of business cycle synchronization.
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00390.x
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    Explaining Regional Variations in Entrepreneurship as Multiple Occupational Equilibria (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  The paper proposes a human capital-based model of choice between paid employment and entrepreneurship that can give rise to multiple equilibria in occupational structure. The model is consistent with evidence of pronounced, persistent, and hitherto unexplained regional variations in entrepreneurship. Whether multiple equilibria emerge is shown to depend on the occupation-specific productivity of human capital and the costs of human and financial capital. The paper goes on to discuss the implications for governments seeking to promote entrepreneurship as a tool of regional development policy.
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00394.x
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    Books Received—November 2005 (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00397.x
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    A Spatial Economic Analysis of Urban Land Use and Obesity (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  We analyze an urban spatial model to examine the possible link between urban land use and obesity. Households maximize utility defined over housing, weight, and food subject to a fixed time budget allocated to commuting, calorie expenditure, and work. Our model explains the observed correspondence between high obesity rates and low development densities, but implies that these are determined endogenously in a spatial market equilibrium. We study the sorting of residents by attributes such as income, initial weight, and weight preferences, and examine the impacts on weight and density of urban design modifications that lower the costs of calorie expenditure.
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    INDEX TO VOLUME 45 
(2005) (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
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    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.0index.x
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    Evolution of the Labor Market in a Regional City:
The Changing Economic Performance of Emigrants from Mexico City (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This paper draws on micro-level data to fully inform the debate on decentralization and regional development. Using labor-income trajectories of emigrants from Mexico City, the paper analyzes how the labor market in a regional city, Leon, evolves. Results from the econometric model suggest that migrants’ labor-income trajectories differ between the large agglomeration and the regional city in an early stage of the evolution of the labor market, but converge in a later stage. Specifically, the slope of the earning function for recent migrants is steeper and statistically different from the slope for early migrants. The findings presented in this paper enrich the existing theory by providing microfoundations to a typically macroeconomic area of research and enable policy makers to better understand the processes underpinning the evolution of regional labor markets.
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    Books Received—August 2005 (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.0022-4146.2005.00387.x
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    Book Reviews (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Books reviewed:Meric S. Gertler. Manufacturing Culture: The Institutional Geography of Industrial PracticeJamie Peck and Henry Wai-chung Yeung. Remaking the Global Economy: Economic-Geographical PerspectivesÅke E. Andersson, Börje Johansson, and William P. Anderson. The Economics of Disappearing DistancePriscilla Pue Ho Chu. The Making of Women Entrepreneurs in Hong KongJean-Louis Mucchielli and Thierry Mayer. Multinational Firms’ Location and the New Economic GeographyAnthony Downs. Still Struck in Traffic: Coping with Peak-Hour Traffic CongestionAnthony Downs. Growth Management and Affordable Housing: Do They ConflictYasuhide Okuyama and Stephanie E. Chang. Modeling Spatial and Economic Impacts of DisastersTony Champion and Graeme Hugo. New Forms of Urbanization: Beyond the Urban–Rural DichotomyJoseph Persky, Daniel Felsenstein, and Virginia Carlson. Does “Trickle Down” Work? Economic Development Strategies and Job Chains in Local Labor MarketsSherry L. Smith. The Future of the Southern PlainsDoryane Kermel-Torrès et al. Atlas of Thailand: Spatial Structures and DevelopmentGyörgy Enyedi and István Tózsa. The Region: Regional Development, Policy, Administration and E-GovernmentHeinz G. Preusse. The New American RegionalismYue-man Yeung and Shen Jianfa. Developing China’s West: A Critical Path to Balanced National Development
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    Duopoly prices under congested access (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Consider two firms, at different locations, supplying a homogenous good at constant marginal production cost. Consumers incur travel costs to the firm for each unit purchased, and the travel costs increase with the amount of travel to each firm (congestion). When all traffic and all congestion are generated by travel to a duopolist, both the Nash–Bertrand equilibrium prices and the Nash–Cournot equilibrium prices exceed the sum of the marginal production cost and the marginal external travel cost. However, when the road is shared by travelers to the duopolists' facilities and travelers in competitive markets, the Nash–Bertrand duopoly price equals the competitive price and the Nash–Cournot price contains a markup.
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    A Descriptive Analysis of Discrete U.S. Industrial Complexes (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  We use the Getis/Ord local G statistic and detailed county-level industry employment data from the U.S. Bureau of Labor Statistics to isolate discrete industrial complexes—or groups of nominally linked industries clustered in particular locations—for two recent years: 1989 and 1997. We describe the characteristics of the complexes in terms of their number, spatial extent, broad regional distribution, and other factors. Data from the two periods help illustrate key shifts in industrial locations, including the continuing concentration of the apparel industry in the Southeast and the ongoing southern shift in U.S. vehicle production.
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    Incomplete Information and Migration: the Grass is Greener Across the Higher Fence (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Less information about a location has long been believed to be a barrier to new migration to that location. Diverse empirical results support this belief. Here we show that if agents are risk-neutral, less information about a location not only is not a barrier to migration to that location, it is actually an attractor. Only if agents are Bayesian and risk-averse is less information a barrier.
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    Urban, Suburban, and Exurban Sprawl in the Rocky Mountain West: Evidence from Regional Adjustment Models (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  This article adapts a regional adjustment model to examine land use change in the Rocky Mountain West region of the United States. Three interrelated questions motivate the research. How does the proliferation of urban, suburban, and exurban sprawl in the Rocky Mountain West relate to the population and employment growth process? Are population and employment endogenously determined there? And what does this imply for the sustainability of economic development in the region? Through a series of regional adjustment models, the empirical analysis links population and employment growth in the Rocky Mountain West to explicit spatial outcomes and delivers substantive evidence of endogeneity between the two. The results suggest that the long-term prosperity of the region depends on the preservation of the high quality of life it offers, and that greater intergovernmental coordination, careful infrastructure planning, and attention to the character of its economic structure may help to accomplish this. Future research should focus on looking deeper into certain explanatory variables used in this analysis and on developing a better picture of what the spatial equilibrium that regional adjustment models emulate may look like.
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    Book Reviews (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Books reviewed:Michael W. Klein, Scott Schuh, and Robert K. Triest, Job Creation, Job Destruction, and International CompetitionCarl Davidson and Steven J. Matusz, International Trade and Labor Markets: Theory, Evidence, and Policy ImplicationsWilliam R. Black, Transportation: A Geographical AnalysisBernard Fingleton, European Regional GrowthBernard Fingleton, Ayda Eraydin, and Raffaele Paci, Regional Growth, SMEs and the Wider EuropeJulia Traistaru, Peter Nijkamp, and Laura Resmini, The Emerging Economic Geography in EU Accession CountriesJohannes Bröcker, Dirk Dohse, and Rüdiger Soltwedel, Innovation Clusters and Interregional CompetitionAlan Hyde, Working in Silicon Valley: Economic and Legal Analysis of a High-Velocity Labor MarketRobert Mark Silverman, Community-Based Organizations: The Intersection of Social Capital and Local Context in Contemporary Urban SocietyWilliam A. V. Clark, Immigrants and the American Dream: Remaking the Middle ClassBarry G. Rabe, Statehouse and Greenhouse: The Emerging Politics of American Climate Change PolicyAmrita Daniere and Lois M. Takahashi, Rethinking Environmental Management in the Pacific Rim: Exploring Local Participation in Bangkok, ThailandCenter for Sustainable Environments, Northern Arizona University, with Terralingua and Grand Canyon Wildlands Council, Safeguarding the Uniqueness of the Colorado Plateau: An Ecoregional Assessment of Biocultural Diversity
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    Capital Subsidies and their Impact on Total Factor Productivity: Firm-Level Evidence from Northern Ireland (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Manufacturing industry in Northern Ireland receives extensive financial support from government with the objective of improving the economic performance of the plants that are directly assisted. Many studies have tried to assess the impact of such assistance, but without the counterfactual evidence it is difficult to ascertain whether or not such support does improve performance. The aim of this paper is to use a unique matched data set to establish if such assistance has made a difference to total factor productivity in Northern Ireland manufacturing plants.
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    Growth and Convergence Profiles in the Spanish Provinces (1965–1997) (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Economic performance in Spanish provinces has led to a considerable improvement in standard of living of their populations. Intense capital accumulation since the 1950s played a key roll in this process. Provincial inequalities may increase or decrease as a result of this growth pattern. This study analyzes the evolution of the disparities by means of distribution dynamics techniques. It explicitly considers economic size of each province and whether spatial spillovers exist. Results indicate that the convergence process has been especially intense for labor productivity, total factor productivity, and capital intensity, while for per capita income the patterns of convergence are less marked. When we weight our analysis according to economic size of each province, our conclusions do not hold. However, when we take geographic location into account, we find support for our conclusions.
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    Microsimulation for Local Impact Analysis: an Application to Plant Shutdown (2005)
    Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.
    Journal of regional science 45 (2005), S. 0 
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    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: Abstract.  Microsimulation was introduced nearly 50 years ago but has recently experienced a revival in the social sciences. Its use in regional science, however, has been limited, although it offers some advantages over common regional analytic methods. This paper describes a microsimulation model that can be used to analyze the impact of a regional economic event. The model incorporates spatial, social, and economic factors and allows outcomes to be aggregated at different geographical scales, for different cohorts, and for variables not ordinarily considered in impact analysis. The model is used to simulate the effects of a plant shutdown on workers.
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  • 98
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    Electronic Resource
    OPTIONS AND EFFICIENCY IN MULTIDATE SECURITY MARKETS (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
    Details
    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: This paper extends the work of Ross (1976; Q. J. Econ. (90)1, 75–89) to multidate security markets. First, we show that if a primitive security separates states at the terminal date, then there exist multiperiod European options on that security generating dynamically complete markets. Second, we show that if a primitive security conditionally separates states at the terminal date, then there exist multiperiod European options on that security generating generically dynamically complete markets provided that certain conditions hold. Third, we show that there are economies for which the minimum number of multiperiod European options on a primitive security generating generically dynamically complete markets is relatively large. Finally, we show that in these economies, a relatively small number of multiperiod European options on possibly different portfolio strategies of primitive securities generates generically dynamically complete markets.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9965.2005.00251.x
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  • 99
    Electronic Resource
    Electronic Resource
    A NOTE ON NONAFFINE SOLUTIONS OF TERM STRUCTURE EQUATIONS WITH APPLICATIONS TO POWER EXCHANGES (2005)
    350 Main Street , Malden , MA 02148 , USA , and 9600 Garsington Road , Oxford OX4 2DQ , UK . : Blackwell Publishing, Inc.
    Mathematical finance 15 (2005), S. 0 
    Details
    ISSN: 1467-9965
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Mathematics , Economics
    Notes: A method based on transformations of well-known solutions of term structure equations is presented in order to incorporate Martin Barlow's spot price model for electricity into a model for future prices on electricity. The setting for the evolution of term structures is chosen in the spirit of Da Prato and Zabczyk.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.0960-1627.2005.00216.x
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  • 100
    Electronic Resource
    Electronic Resource
    Seasonal, interannual and long-term variability of precipitation and snow depth in the region of the Barents and Kara seas (2005)
    Oxford, UK : Blackwell Publishing Ltd
    Polar research 24 (2005), S. 0 
    Details
    ISSN: 1751-8369
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Geosciences
    Notes: Observation data of temperature, precipitation and snow depth have been compiled and generalized climatologically for a network of 38 stations in and around the Barents and Kara seas, for the period 1951–1992. The monthly precipitation totals were corrected for measuring errors, and the correction method is described in detail. The corrected precipitation values show that the annual precipitation in the region ranges from more than 500 mm along the coast of the Kola Peninsula to less than 200 mm in parts of the north-eastern Kara Sea. The solid fraction of the annual precipitation ranges from 70% in northern parts to 35% in southern parts. For the period 1951–1992 the analysis indicates decreasing trends in annual values of temperature, precipitation and snow depths in the north-eastern parts of the region.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1751-8369.2005.tb00141.x
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