作者：Ehrlich, Maximilian V.; Seidel, Tobias
作者单位：University of Bern; University of Duisburg Essen
摘要：Using a natural experiment, we show that temporary place-based subsidies generate persistent effects on economic density. The spatial regression discontinuity design controls for continuous local agglomeration externalities, so we attribute an important role to capital formation in explaining persistent spatial patterns of economic activity. This persistence is driven by higher local public investment levels, which local governments could maintain after the end of the program because of a pers...
作者：Breinlich, Holger; Soderbery, Anson; Wright, Greg C.
作者单位：University of Surrey; University of Surrey; Centre for Economic Policy Research - UK; Purdue University System; Purdue University; University of California System; University of California Merced
摘要：In this paper, we focus on a new channel of adaptation to trade liberalization, namely the shift toward increased provision of services in lieu of goods production. We exploit variation in European Union trade policy to show that lower manufacturing tariffs lead firms to shift into services provision and out of goods production. We also find that a successful transition is associated with higher firm-level R&D stocks.
