Showing 1 - 9 of 9
The aim of this work is to test empirically the validity of Gibrat's Law in the growth of cities, using data for all the twentieth century of the complete distribution of cities (without any size restrictions) in three countries: the US, Spain and Italy. For this we use different techniques...
Persistent link: https://www.econbiz.de/10011332326
Persistent link: https://www.econbiz.de/10011310472
This paper analyses the time series properties of the unemployment rates of the 50 US States, as well as the global rate of the USA. Our results, based on the use of ADF-type tests, show that the inclusion of some breaks is vital in order to reduce the persistence on these rates. Thus, we can...
Persistent link: https://www.econbiz.de/10011314275
This paper reconsiders the evolution of the growth of American cities since 1790 in light of new theories of urban growth. Our null hypothesis for long-term growth is random growth. We obtain evidence supporting random growth against the alternative of mean reversion (convergence) in city sizes...
Persistent link: https://www.econbiz.de/10011397329
In this paper, we develop a theoretical model that provides an additional explanation for the forest transition based on a trade liberalisation scenario. Furthermore, in contrast with most explanations, in which the forest transition can only take place at a local level at the expense of other...
Persistent link: https://www.econbiz.de/10010328681
The study of determinants of economic growth and development is a special interest area to the economists. Theoretical investigation in this topic is characterized by a growing complexity and empirical work has not obtained satisfactory results. The incorporation of human capital and technical...
Persistent link: https://www.econbiz.de/10011318943
In spite of the fact that in recent years there has been a growing interest for the hidden economy, little attention has been lent to its relation with the illegal immigration as a consequence of the establishment of quotas. The objective of this work is to analyze the effect of a change in the...
Persistent link: https://www.econbiz.de/10011324697
In this paper we discuss the relationship between economic growth and natural resources at a global level, taking into account geography. With this aim, our model integrates elements of the theories of endogenous growth, natural resources and new economic geography. We find that an increase in...
Persistent link: https://www.econbiz.de/10011957018
This paper analyzes the persistence of the shock caused by the American Civil War on the relative city size distribution of the United States. Our fi ndings suggest that the effects of this shock were permanent, which sharply contrasts with previous results regarding World War II for Japanese...
Persistent link: https://www.econbiz.de/10011336388