This paper analyzes the organization of firms in a dynamic setting with endogenous growth to shed light on the link … between economic growth and the parallel creation and adoption of complementary innovations by independent labs and plants. In … upstream and downstream parties at the production stage feeds back into innovation and growth. Our dynamic perspective reveals …

discussed include the contribution of increases in life expectancy to social welfare; the potential effects of population growth …This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also …. The consequences of demographic developments for social welfare, broadly defined, are felt over a very long term. Issues …

This paper develops a dynamic general equilibrium model of North-South trade and economic growth. Both innovation and … imitative R&D to copy state-of-the-art quality Northern products. The steady-state equilibrium and welfare implications of three …

housing. After presenting the theory and distilling its key empirical implications, we critically review the empirical …

questions, the urban growth literature has offered a variety of answers. Within an integrated framework, this chapter reviews … key theories with implications for urban growth. It then relates these theories to empirical evidence on the main drivers … of city growth, drawn primarily from the United States and other developed countries. Consistent with the monocentric …

This paper decomposes the growth in land occupied by residences in the United States to give the relative contributions … an important role for per household increases. However, the calculations in this paper show that only 24.3% of the growth … population growth, 5.9% to the shift of population towards States with larger houses, 22.7% to an increase in the number of …

The literature has shown that the implied welfare gains from international financial integration are very small. We … revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes … capital varieties is less then infinity, but more than the value that would generate endogenous growth. This production …

inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …

. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform … sources of the potential welfare gains from tariff reform, use it to establish conditions under which some existing reforms … are locally optimal, provide geometric illustrations and compare welfare effectiveness of reforms using numerical examples …