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of businesses in the social economy sector to job creation and to regional economic growth both in the past and at …
Persistent link: https://www.econbiz.de/10005737061
This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural–urban migration. Moving beyond the coarse rural–urban distinction, we then focus on the continuum of locations in an...
Persistent link: https://www.econbiz.de/10014025293
Many cross-country studies acknowledge the indispensable role of institutions in promoting economic growth and in … aims to discuss the roles and functions of institutions in regional economic growth and development. To that end, first … the impact of institutions on regional growth and development outcomes from both the theoretical and empirical studies …
Persistent link: https://www.econbiz.de/10011535179
understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
Persistent link: https://www.econbiz.de/10012404488
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last three decades. The tests are performed by means of a modified b-convergence equation and of a model based on the … decomposition of output growth. The results imply that while the neoclassical convergence mechanism occurred, the technological one …
Persistent link: https://www.econbiz.de/10003027882
discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical … solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the … amount of interregional transfers that would be required to make the North Korean economy economically viable. We also model …
Persistent link: https://www.econbiz.de/10014048655
product diversity on the dynamic equilibrium path, the model belongs to the category of semi-endogenous growth models. The …This paper sets up a multiregional dynamic framework by combining the optimal savings model with investment adjustment … costs and the spatially disaggregated model with Dixit-Stiglitz structure in the modern sector. Because of increasing …
Persistent link: https://www.econbiz.de/10009299019