Spatial Econometrics


Book Description

This book provides an overview of three generations of spatial econometric models: models based on cross-sectional data, static models based on spatial panels and dynamic spatial panel data models. The book not only presents different model specifications and their corresponding estimators, but also critically discusses the purposes for which these models can be used and how their results should be interpreted.




Sectoral Shocks and Spillovers: An Application to COVID-19


Book Description

This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from shocks to other sectors affect sectoral activity, for a large sample of countries from 1995 to 2014. We find that both supply and demand shocks—measured as changes in, respectively, productivity and government purchases at the sector level—have large spillover effects on sector-level gross value added and on a sector’s share of the economy. We then use these historical estimates, together with the network structure of global production, to quantify the spillovers from the economic shock associated with the pandemic. We find spillover effects to be sizeable, making up a significant fraction of the overall decline in activity in 2020.Our results have implications for the design of policies with a sectoral dimension.




Advances in Dynamic Network Modeling in Complex Transportation Systems


Book Description

This edited book focuses on recent developments in Dynamic Network Modeling, including aspects of route guidance and traffic control as they relate to transportation systems and other complex infrastructure networks. Dynamic Network Modeling is generally understood to be the mathematical modeling of time-varying vehicular flows on networks in a fashion that is consistent with established traffic flow theory and travel demand theory. Dynamic Network Modeling as a field has grown over the last thirty years, with contributions from various scholars all over the field. The basic problem which many scholars in this area have focused on is related to the analysis and prediction of traffic flows satisfying notions of equilibrium when flows are changing over time. In addition, recent research has also focused on integrating dynamic equilibrium with traffic control and other mechanism designs such as congestion pricing and network design. Recently, advances in sensor deployment, availability of GPS-enabled vehicular data and social media data have rapidly contributed to better understanding and estimating the traffic network states and have contributed to new research problems which advance previous models in dynamic modeling. A recent National Science Foundation workshop on “Dynamic Route Guidance and Traffic Control” was organized in June 2010 at Rutgers University by Prof. Kaan Ozbay, Prof. Satish Ukkusuri , Prof. Hani Nassif, and Professor Pushkin Kachroo. This workshop brought together experts in this area from universities, industry and federal/state agencies to present recent findings in this area. Various topics were presented at the workshop including dynamic traffic assignment, traffic flow modeling, network control, complex systems, mobile sensor deployment, intelligent traffic systems and data collection issues. This book is motivated by the research presented at this workshop and the discussions that followed.




Social Networks and Knowledge Spillovers


Book Description

There has been much discussion about the importance of networks for regional economic development and knowledge dissemination. However, the inflationary use of the notion networks is often based on rather metaphorical, at worst fuzzy meanings. This book explores ways for more rigorous research on knowledge networks, critically discussing quantitative social network analysis. A theoretical framework for meaningful interpretations in quantitative network research is developed. Afterwards, the monograph links social network analysis to research on localised knowledge spillovers. Here the role of communities and networks of knowledge workers is investigated. The book illustrates how social network analysis can provide fruitful perspectives for further research on knowledge flows. (Back cover)




Regulation and the Evolution of the Global Telecommunications Industry


Book Description

After decades of liberalization of the telecommunications industry around the world and technological convergence that allows for increasing competition, sector-specific regulation of telecommunications has been on the decline. As a result, the telecommunications industry stands in the middle of a debate that calls for either a total deregulation of access to broadband infrastructures or a separation of infrastructure from service delivery. This book proposes new approaches to dealing with the current and future issues of regulation of telecommunication markets on both a regional and a global scale. This volume represents a valuable compendium of ideas regarding global trends in the telecommunications industry that focus on market and regulatory issues and company strategies. With an international cast of contributors, Regulation and the Evolution of the Global Telecommunications Industry also provides insight into topics including: mobile Internet development, structural function and separation, global experiences with next generation networks, technology convergence and the role of regulation, and the regulatory impact on the balance between static and dynamic efficiencies. The empirical evidence and experiences presented here illustrate the diversity of thoughts and research that characterize this important area of academic and business research. Thus, it will be a critical reference for scholars and students of regulatory economics, policy and finance and researchers and administrators of the telecom industry.




Handbook of Industrial Organization


Book Description

Determinants of firm and market organization; Analysis of market behavior; Empirical methods and results; International issues and comparision; government intervention in the Marketplace.




Advances in Experimental Political Science


Book Description

Novel collection of essays addressing contemporary trends in political science, covering a broad array of methodological and substantive topics.




European Integration Since the 1920s


Book Description

Brexit, populism, and Euroscepticism seem to have challenged old assumptions about European integration and raised the prospect of disintegration. This book re-examines why the European Union and its forerunners were created and investigates how and why they have changed. It links contemporary events to historical explanation, arguing that there were long-term sets of conditions, dating back to the 1920s, which pushed European governments to cooperate economically and to try to resolve their diplomatic differences. The failure of the French and German governments to create what Aristide Briand had called a 'European federal union' demonstrated both the precariousness of the enterprise and its connection to the domestic politics of European states. After 1945, the unexpected advent of a 'Cold War' and the military, diplomatic and economic presence of the United States in Europe facilitated the gradual development of habits of cooperation and institutional 'integration', but they also placed limits on European governments' activities, as did disagreements between political parties and the expectations of citizens. As a consequence, supranational bodies such as the European Commission have been accompanied - and often overshadowed - by intergovernmental institutions such as the European Council, with the EU as a whole functioning in important respects as a type of confederation. The volume addresses a series of large-scale historical questions which are integral to an understanding of the European Union. It asks how and why citizens of member states have identified with the EU; how matters of 'security' affected the development of the European Community during and after the Cold War; whether economic and social convergence have taken place, and with what consequences; and why European institutions have come to function as they have. The study is thematic, focusing on the most important aspects of European integration and explaining why member states have decided to carry out - or have consented to - the unique experiment of the European Union.




The Globalization of Advertising


Book Description

The Globalization of Advertising draws upon previously unpublished research to unpack the contemporary structure, spatial organization and city geographies of global advertising agencies. The book demonstrates how teamwork in contemporary advertising agencies, intra-organizational power relations and the distribution of organizational capabilities all define how global agencies operate as transnationally integrated organizations. This in turn allows understanding to be developed of the role of the offices of global agencies located in the three case study cities, Detroit, Los Angeles and New York. The role of these three cities as preeminent markets for advertising in the USA is shown to have changed radically over recent years, experiencing both growth and decline in employment as a result of their position in global networks of advertising work; networks that operate in the context of a changing US economy and the rise of new and emerging centres of advertising in Asia and South America.




Human Relationships


Book Description

Steve Duck revisits the themes of attraction, love and friendship, our experiences of shyness, jealousy and loneliness to explain how and why relationships are established, sustained and even sometimes break down.