Showing 1 - 10 of 13
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014429321
The empirical economic growth literature is criticized for its lack ofrobustness. For different definitions of robustness, conclusions vary from 'almost everycorrelation is fragile' to 'a substantial number of explanatory variables are robust.' Were-analyze the empirical results of the economic...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010324921
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010325168
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross-sectional heterogeneity. Despite these differences, a rate of...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010325489
This paper addresses the timing of historical transition from rural to urban activity. In our model, rural production has constant returns and meets subsistence needs, while urban production has scale economies and meets the demands of higher-income consumers. Urbanization occurs sooner when...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005012532
This paper tests a series of prominent hypotheses regarding the determinants of per-capita income using a novel spatial econometric approach to control for spillovers among neighboring countries and for spatially correlated omitted variables. We use simultaneous equations to identify alternative...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005704664
The empirical economic growth literature is criticized for its lack of robustness. For different definitions of robustness, conclusions vary from 'almost every correlation is fragile' to 'a substantial number of explanatory variables are robust.' We re-analyze the empirical results of the...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005137163
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005144476
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross-sectional heterogeneity. Despite these differences, a rate of...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005144527
Spatial inequality in global economic development has left Africa with the least progress in improving living standards among developing regions of the world. Moreover, there are strong neighborhood effects within Africa. This paper revisits the explanation of unequal growth across countries in...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009386023