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global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and …This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10010884745
geography. The same economic forces influence simulataneously growth, convergence, and spatial agglomeration and clustering …This paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global … egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10005016794
This paper studies the effects of industrialization on growth and convergence dynamics in Italy. We propose a semi …-parametric procedure linking growth theory with density-type studies on convergence. Our analysis suggests that absolute convergence … processes do not necessarily exclude dynamics of club convergence and vice-versa. Growth and convergence processes should be …
Persistent link: https://www.econbiz.de/10005328541
of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical …
Persistent link: https://www.econbiz.de/10011071327
of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical …
Persistent link: https://www.econbiz.de/10005792232
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities … growth model. …
Persistent link: https://www.econbiz.de/10014024246
This Paper studies growth and inequality in China and India – two economies that account for a third of the world …’s population. By modelling growth and inequality as components in a joint stochastic process, the Paper calibrates the impact each … macroeconomic – growing average incomes dominate all else. The relation between aggregate economic growth and within …
Persistent link: https://www.econbiz.de/10005498030
Internet development holds the promise of transmitting economic value across physical space at zero marginal cost. In such a “weightless economy”, what factors matter for the location of economic activity and thus for economic development? This paper sketches a model of spatial dynamics over...
Persistent link: https://www.econbiz.de/10011071307
This paper studies growth and inequality in China and India – two economies that account for a third of the world …’s population. By modelling growth and inequality as components in a joint stochastic process, the paper calibrates the impact each … macroeconomic: growing average incomes dominate all else. The relation between aggregate economic growth and within …
Persistent link: https://www.econbiz.de/10010746699
This paper studies growth and inequality in China and India û two economies that account for a third of the world …'s population. By modelling growth and inequality as components in a joint stochastic process, the paper calibrates the impact each … macroeconomic: growing average incomes dominate all else. The relation between aggregate economic growth and within …
Persistent link: https://www.econbiz.de/10005016971