We study house price convergence in panels of US states and metropolitan areas. Our analysis is centered on three issues. First, we test whether the US house prices are converging over time using log t convergence test by Phillips and Sul (2007). The test results suggest that there is little...

Despite being one of the smallest countries in the OECD, Israel is marked by significant socio-economic disparities, which have a clear spatial dimension. Ethnic and religious groups with weak socio-economic outcomes are not benefitting from the thriving high-tech sector in the centre of the...

This chapter on urbanization and growth focuses on modeling and empirical evidence that pertain to a number of inter-related questions. Why do cities form in an economy, with so much of economic activity in countries geographically concentrated in cities? Second, how do different types of cities...

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...

Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods, and data. We survey a range of modeling traditions, and some formal approaches to the hard problem of regional economics; namely, the joint consideration of agglomeration and...

En los últimos años ha surgido un interés creciente por las especificaciones y estimaciones de relaciones econométricas basadas en Datos de Panel. Este interés se ha trasladado al campo de la Econometría Espacial, con la introducción de la componente temporal en modelos que surgieron con...

This study estimates requirements for infrastructure investment in 21 Latin American countries for the period 2011–2040 using a structural equation model. Needs total about 4 percent of GDP. Projections are provided for both a high-growth convergence scenario and a low-growth business-as-usual...

This work aims to understand the poverty phenomenon in Morocco. It is based on the multidimensional poverty assessment and analysis, through the Alkire and Foster approach to poverty measurement (2007). It is also based on the indicators which will allow us to measure the incidence of poverty by...

This paper reviews the evidence about the effects of urbanization and cities on productivity and economic growth in developing countries using a consistent theoretical framework. As in developed economies, there is strong evidence that cities in developing countries bolster productive...

Will improvements in information technology eliminate face-to- face interactions and make cities obsolete? In this paper, we present a model where individuals make contacts and choose whether to use electronic or face-to-face meetings in their interactions. Cities are modeled as a means of...