Seit Mitte der achtziger Jahre hat es eine große Auswahl von empirischen Studien über die Zusammenhänge von Wirtschaftswachstum und Wirtschaftspolitik gegeben. Die diesen Untersuchungen zugrundeliegenden theoretischen Modelle variieren jedoch erheblich, und auch die Zahl der in die...

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...

The Human Development Index (HDI) is widely used as an aggregate measure of overall human well-being. We examine the allocations implied by the maximization of this index using a standard growth model. Maximization of the HDI leads to consumption (excluding education and health expenditures)...

This paper is the fi?rst to apply a fi?nite mixture model to a sample of 64 nations to endogenously analyze the cross-country growth behavior over the period 1870-2003. Results show that growth patterns were segmented in two worldwide regimes, the one characterized by convergence in per capita...