Arbeitspapier
Non-linear externalities in firm locations: A computational estimation method
A stochastic discrete choice model and its related estimation method are presented which allow to disentangle non-linear externalities from the intrinsic features of the objects of choice and from the idiosyncratic preferences of agents. Having veried for the ergodicity of the underlying stochastic process, parameter estimates are obtained through numerical methods and so is their statistical signicance. In particular, optimization rests on successive parabolic interpolation. Finally, the model and its related estimation method are applied to the case of rm localization using Italian sectoral census data.
- Sprache
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Englisch
- Erschienen in
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Series: LEM Working Paper Series ; No. 2014/01
- Klassifikation
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Wirtschaft
Hypothesis Testing: General
Estimation: General
Specific Distributions; Specific Statistics
Model Evaluation, Validation, and Selection
Size and Spatial Distributions of Regional Economic Activity
- Thema
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Externalities
Heterogeneity
Computational methods
Firm localization
- Ereignis
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Geistige Schöpfung
- (wer)
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Bottazzi, Giulio
Gragnollati, Ugo M.
Vanni, Fabio
- Ereignis
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Veröffentlichung
- (wer)
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Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (wo)
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Pisa
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bottazzi, Giulio
- Gragnollati, Ugo M.
- Vanni, Fabio
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Entstanden
- 2014