Search results for "Economic rent"
showing 10 items of 14 documents
Distritos industriales y renta económica: el efecto distrito – renta
2019
En el presente trabajo se expone una primera aproximación al efecto distrito desde la variable de la renta económica, lo que se ha denominado efecto distrito – renta. Esta aproximación al fenómeno distritural se realiza desde la perspectiva del desarrollo local neomarshalliano para enfatizar la centralidad del distrito industrial como fuente de interpretaciones propias sobre el cambio económico y sujeto activo del mismo. A nivel empírico se realiza una aproximación a la contrastación de la existencia o no de efecto distrito – renta en los distritos industriales españoles para el año 2013; estos datos son analizados a través de la comparativa de la renta total, per cápita y por ocupado expre…
Do Rent-Seeking and Interregional Transfers Contribute to Urban Primacy in Sub-Saharan Africa?
2006
We develop an economic geography model in which mobile skilled workers choose between working in the production sector or becoming part of an unproductive political elite. The elite sets tax rates on skilled and unskilled workers to maximize its own welfare by extracting rents, thereby influencing the spatial allocation of production and changing the available range of consumption goods. We show that such behavior increases the likelihood of agglomeration and of urban primacy. In equilibrium, the elite may tax the unskilled workers but will never tax the skilled workers, and there are rural-urban transfers towards the agglomeration. The size of the elite and the magnitude of the tax burden …
The grain market, short-term credit, and economic inequality in the Kingdom of Valencia. The towns of Cocentaina, and Castellón in the Fifteenth-Cent…
2018
Despite the predominance of small peasant farms in the Valencian countryside in the Late Middle Ages, large sections of the peasantry were forced to turn to the market to obtain cereals for consumption and sowing. Insufficient land and lack of liquidity caused by the seasonal cycle of crops made it necessary to use short-term credit, which was recorded in the court of local justice in the legal form of “obligacions”. The aim of this paper is to analyse the economic role of this credit market, identifying varieties of commercialised cereals, seasonality of purchases and payments, price trends and the socio-professional background of buyers (debtors) and sellers (creditors). Thus, we study ho…
Rent Seeking in Public Procurement
2005
On Capturing Oil Rents with a National Excise Tax Revisited
2004
In this paper the scope of Bergstrom’s (1982) results is studied. Moreover, his analysis is extended assuming that extraction cost is directly related to accumulated extractions. For the case of a competitive market it is found that the optimal policy is a constant tariff if extraction is costless. However, with depletion effects, the optimal tariff must ultimately be decreasing. For the case of a monopolistic market the results depend crucially on the kind of strategies the importing country governments can play and on whether the monopolist chooses the price or extraction rate. For a price-setting monopolist it is shown that the importing countries cannot use a tariff to capture monopoly …
Does Airbnb Disrupt the Private Rental Market? An Empirical Analysis for French Cities
2019
This article evaluates whether Airbnb rentals affect the rents in the private rental sector in eight cities in France. We estimate a hedonic equation for each city on individual data for apartments, allowing for heteroscedasticity and spatial error autocorrelation of unknown forms and using a large variety of structural and contextual characteristics of the apartments. We show that the density of Airbnb rentals puts upward pressure on rents in Lyon, Montpellier, and Paris, whereas it has no significant effect in other cities. If we restrict the analysis to the professional business of Airbnb rentals, which we define as the lodgings owned by an investor who rents either several “entire home…
La gestione del demanio marittimo nella evoluzione del paesaggio costiero
2017
Le linee di costa sono da sempre il luogo fisico a maggiore gradiente di immaterialità, a più alta densità di valore esperienziale, a più elevata tensione localizzativa. Con specifico riferimento all’uso dei litorali, alla loro conservazione e valorizzazione, all’accesso a essi, in quanto commons e heritage-goods, l’articolo avanza alcune considerazioni generali che richiamano temi di pianificazione ampi e profonde questioni valutative. Lo studio proposto intende indicare alcune componenti strutturali (in senso paesaggistico), caratteristiche salienti (in senso assiologico) e potenzialità (in senso progettuale) del patrimonio costiero. Il lavoro prende spunto dall’osservazione di alcuni cas…
Deute públic i renda censalista al País Valencià en el segle XV. Una proposta d’interpretació
2018
L’emergència de la nova fiscalitat –de la Corona, de les ciutats i del regne– va ser, sens dubte, una de les grans transformacions polítiques i econòmiques del final de l’edat mitjana. Amb l’impost va aparèixer un deute públic consolidat que, en la Corona d’Aragó, es va desenvolupar mitjançant el censal, un instrument financer semblant a les rentes constituées franceses o les perpetual annuities angleses. A partir del cas del País Valencià, pot assajar-se una estimació del volum de rendes generat pel deute públic i de com es distribuïen des del punt de vista geogràfic i social. Així doncs, en aquest article s’estudia en quins nivells de la xarxa urbana es concentraven aquests recursos i qui…
Élites campesinas en el entorno de la ciudad de Valencia: los Castrellenes
2017
This paper seeks to analyse economy of a well-to-do peasant family settled in the urban fringes of the city of Valencia, capital of the kingdom, in the first half of fifteenth Century. The death of the head of the family, due to the plague, made emerge the solidarity of the relatives, who took care of the orphans. Thanks to the memorial of rents we can assess the economic strategies of a wealthier peasant family, the importance of markets and the city and countryside relations.
On How Firms Located in an Industrial District Profit from Knowledge Spillovers: Adoption of an Organic Structure and Innovation Capabilities
2011
The canonical approach argues that firms located in industrial districts enjoy advantages for both innovation and performance as a consequence of the exceptionally strong knowledge spillovers that flow freely and spontaneously within them. However, diffusion of shared competences is not as easy and free as postulated in the literature. Using the resource-based view, we study whether clustered firms perform better than non-clustered firms, by providing empirical evidence that location of firms in an industrial district does not directly create innovation capabilities or economic rents. This research question is important because it enables us to better understand how firms benefit from this …