In this paper we present a nonparametric approach to solving a simple one-sector stochastic growth model. A distinct advantage of our approach is that it does not require placing restrictions on the generally unknown conditional expectations functions. Our method is shown to be accurate and...

Urban areas possess complex spatial configurations. These patterns are produced by cumulative changes in land use and land cover as human and natural environments are influenced by market forces, policy, and changes in the natural landscape. To understand the mechanisms underlying these complex...

The classic democratic theory of redistribution claims that an increase in the mean-to-median (MM) income ratio causes a majority coalition in the electorate to collectively demand more redistribution. The functional dependence of redistribution on the MM income ratio is tested in parametric and...

This paper asks empirically the question about potential nonlinearities in the relationship between political competition and economic growth in global perspective. Kernel estimation is employed to analyze this link using cross-sectional data for the time span 1988–2007. To take into account...

Is widely recognized the polycentric structure of modern cities. However, little is known about the economic links between employment subcenters and the CBD, and the economic structure of subcenters. This study focuses in explore spatial relations between clusters of firms located in the same...