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Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10010325811
Over the last few years, the world economy has gone through a severe period of economic downturn, the worst since the end of WWII. Although the crisis has been widely covered on the media, less common knowledge is the fact that the crisis has engendered responses in the economic systems, in the...
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In this paper, the stylised assumption that one single 'optimal' city size exists for all cities - achieved when marginal location costs equal marginal location benefits - is abandoned, as well as the opposite view that each city operates on its own cost and production curves, defining a...
Persistent link: https://www.econbiz.de/10010944810
Over the last few years, the world economy has gone through a severe period of economic downturn, the worst since the end of WWII. Although the crisis has been widely covered on the media, less common knowledge is the fact that the crisis has engendered responses in the economic systems, in the...
Persistent link: https://www.econbiz.de/10011075886
In this paper, the stylized assumption that one single “optimal” city size exists for all cities—achieved when marginal location costs equal marginal location benefits—is abandoned, as well as the opposite view that each city operates on its own cost and production curves, defining a...
Persistent link: https://www.econbiz.de/10010993669