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The literature on economic development has been divided as to the nature of the relationship between inequality and … analysis of economic growth, that allows for simultaneity as it relates to inequality. Furthermore, attention is given to the … applied to the US states from 1969–2000, where the counties are used for the local inequality and clustering estimates. …
Persistent link: https://www.econbiz.de/10009275747
This paper examines the long-run effects on the spatial distribution of economic activity caused by historical shocks. Using variation in the potential damage intensity of the 1906 San Francisco Earthquake across cities in the American West, we show that more severely affected cities experienced...
Persistent link: https://www.econbiz.de/10012927784
This paper investigates the effects of a large temporary shock on the agglomeration of economic activity. Using variation in the potential damage intensity of the 1906 San Francisco earthquake across counties in the American West, we find that the earthquake persistently decreased various...
Persistent link: https://www.econbiz.de/10013013158
measures, we find a reduction in regional inequality over the period that is similar to the broader European pattern. Regional …
Persistent link: https://www.econbiz.de/10014545298
measures, we find a reduction in regional inequality over the period that is similar to the broader European pattern. Regional …
Persistent link: https://www.econbiz.de/10014575207
measures, we find a reduction in regional inequality over the period that is similar to the broader European pattern. Regional …
Persistent link: https://www.econbiz.de/10014547765
measures, we find a reduction in regional inequality over the period that is similar to the broader European pattern. Regional …
Persistent link: https://www.econbiz.de/10015051857
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Despite constant returns to capital, we prove that transition dynamics will set in. In particular, we prove that the...
Persistent link: https://www.econbiz.de/10008478960
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Despite constant returns to capital, we prove that transition dynamics will set in. In particular, we prove that the...
Persistent link: https://www.econbiz.de/10008515823
Persistent link: https://www.econbiz.de/10012210857