Applying the methodology developed by Duranton and Overman (2005, 2008), we analyze localization and dispersion of … Japan. Localization is comparable to that in the US, and takes place at relative small scales that are consistent with the … size of Chinese cities. Localization increases rapidly, even in the relative short period between 2002 and 2008, especially …

The paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more … indicated a drastic decay in survival after only a few years and contrasts with the higher survival of firms in the franchising …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

causal effect of human capital on income, net of the innovation channel. …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …