We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …

positive and significant direct effect on domestic growth and that there are greater marginal returns for countries with higher … and schools on growth are found to be higher than direct estimates would suggest. The results reveal important … implications for understanding the channels through which infrastructure influences growth. …

We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When …-term contracts sacrificing managerial selection may be optimal at early stages of economic development and when access to information …

Recent growth theory fails to provide a convincing account of underdevelopment in terms of economic “fundamentals”. As … development and changes in the distribution of political power. I particularly stress the ability (or inability) of these theories …

The paper reviews the economic growth and development experience of Malaysia since her early independence years against … initiatives to the various economic growth theories. Subsequently, it dwells upon the various challenges faced by Malaysia to join …

, but consideration is given as well to the Human Development Index (HDI) and even broader conceptions of human development …

We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When … that rigid long-term contracts sacrificing managerial selection may prevail at early stages of economic development and … investor protection increases with development. (Copyright: Elsevier) …

Recently, many contributions have focused on the relationship between capital level, growth and population dynamics … concerns. One can therefore explain a simultaneous increase in capital intensity, population growth and pollution, namely a … innovations, promotes such a polluting development process, escaping a trap where the economy is relegated to low levels of …