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In this paper we explore the claim that spatial interactions among cities are significant drivers of their growth. We assert that reallocation of ideas among cities is a source of improved allocation of resources. Following Broitman et al (2020), we propose a closed economy, agent-based model...
Persistent link: https://www.econbiz.de/10013221482
Persistent link: https://www.econbiz.de/10012592650
Economic disparities among cities and regions persist and in some cases are increasing. To promote development of lagging economies, extant policies focus on the lagging regions and attempt to create conditions that are attractive to the immigration of capital, labor and above all knowledge. We...
Persistent link: https://www.econbiz.de/10014081572