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Why do some regions grow faster than others? More precisely, why do rates of convergence differ? Recent research points to labour market frictions as a possible answer. This paper expands along this line by investigating how these labour market frictions interact with regional migration....
Persistent link: https://www.econbiz.de/10015224221
Regional income inequality within countries is an important contributor to global income inequality. I investigate its relationship with structural change and growth using the historical experience of the United States since 1880. Specifically, I modify an existing multi-sector general...
Persistent link: https://www.econbiz.de/10015228909
Economic growth and development is intimately related to the decline of agriculture’s share of output and employment. This process of structural change has important implications for income and productivity differences between regions within a country or between countries themselves....
Persistent link: https://www.econbiz.de/10009480645