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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … rates, this work analyzes how increasing inequality and increasing agglomeration influence economic growth depending on the …
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In this paper we study the impact of diversity on regional growth by extending the existing literature in such that we … evidence that regions with higher degrees of human capital diversity exhibit higher GDP-per-capita and employment growth, as … diversification encourage knowledge spillover and therefore promote regional growth mainly focused on the diversity of the regional …
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The economic development of Argentina since the end of the nineteenth century is a story of growth, splendour and then … nineteenth century. Third, the explanation of a large share of regional inequality is related to high productivity generated by …
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We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … possibilities frontier that is consistent with balanced economic growth. Third, we derive the growth rate of the ith region in the …
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