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
Englisch

Erschienen in
Series: LEM Working Paper Series ; No. 2014/01

Klassifikation
Wirtschaft
Hypothesis Testing: General
Estimation: General
Specific Distributions; Specific Statistics
Model Evaluation, Validation, and Selection
Size and Spatial Distributions of Regional Economic Activity
Thema
Externalities
Heterogeneity
Computational methods
Firm localization

Ereignis
Geistige Schöpfung
(wer)
Bottazzi, Giulio
Gragnollati, Ugo M.
Vanni, Fabio
Ereignis
Veröffentlichung
(wer)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(wo)
Pisa
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bottazzi, Giulio
  • Gragnollati, Ugo M.
  • Vanni, Fabio
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Entstanden

  • 2014

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