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The impact of flood hazards on local employment
(Taylor and Francis Group, 2007)
In a spatial model of aggregate municipal employment, this article shows statistically that floods disrupt employment in municipalities. Flood events decrease local employment on average by 3.4%. Employment levels, however, ...
Spatially correlated exit strategies in the baking industry
(Taylor and Francis Group, 2007)
This article uses a unique data set to analyse economic factors that explain firm exit and the interrelation across firms in space when exiting. Results show the effectiveness of modelling spatial correlation in a logit ...
Financial impact of risk on municipal earnings
(Taylor and Francis Group, 2007)
To evaluate the relation between regional earnings and risk across the US economy, this article uses a heteroscedastic model that captures earnings uncertainty. We then implement a nonlinear estimator that simultaneously ...
Los peligros del TLC
(Universidad Escuela Colombiana de Ingeniería Julio Garavito, 2007)
Hace tres años anticipé que la negociación del TLC correspondería, en lo esencial, al documento presentado por la delegación de los Estados Unidos en la primera sesión y resultaría contraria a los intereses nacionales. ...