Showing 1 - 10 of 11
The city size distribution of many countries is remarkably well approximated by a Pareto distribution. We study what constraints this regularity imposes on standard urban models. We find that under general conditions urban models must have (i) a balanced growth path and (ii) a Pareto...
Persistent link: https://www.econbiz.de/10005124889
This paper develops a dynamic monopolistic competition model with heterogenous firms to analyze the effects of uncertainty on international trade. We characterize a stationary equilibrium, with N symmetric countries, where firms’ productivities evolve stochastically over time. Our model...
Persistent link: https://www.econbiz.de/10005408015
THIS STUDY INVESTIGATES THE DOMINANT RESOURCE CONSTRAINT LIMITING GROWTH IN NIGERIA AS WELL AS THE DETERMINATION OF FUTURE RESOURCES REQUIREMENTS NEEDED TO ACHIEVE SUCH GROWTH. USING A SMALL SCALE MACROECONOMETRIC SIMULATION MODEL, THREE DIFFERENT EXPERIMENTS WERE CARRIED OUT. THE RESULTS SHOWED...
Persistent link: https://www.econbiz.de/10005126164
In the article it is shown that year-to-year change of the S&P 500 does not depend on profits cycle. On the other hand, year-to-year change of earnings multiple P/E tends to anticorrelate with profits cycle. It shows sluggishness of market response in relation to profits cycle. It is shown that...
Persistent link: https://www.econbiz.de/10005413241
We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...
Persistent link: https://www.econbiz.de/10005076730
production. The ``organization'' of society is determined endogenously, and depends on agricultural technology and population … agents own their labor. In this process, the role of population growth switches from being a force driving the transition … the 19th century US which had sparser population had a larger percentage slaves in the population. …
Persistent link: https://www.econbiz.de/10005125014
production. The "organization" of society is determined endogenously, and depends on agricultural technology and population … agents own their labor. In this process, the role of population growth switches from being a force driving the transition … the 19th century US which had sparser population had a larger percentage slaves in the population. …
Persistent link: https://www.econbiz.de/10005125652
The paper analyzes the spreading of population in Indonesia. The spreading of population in Indonesia is clustered in … population does not have fat tail properties, while in the other hand; there exists power-law signature in kotamadya. We analyzed …
Persistent link: https://www.econbiz.de/10005125726
Bangladesh has experienced rapid fertility decline and reductions in under-five mortality over the last three decades. This impact study unravels the various factors behind these changes. Economic growth has been important, but so have major public sector interventions, notably reproductive...
Persistent link: https://www.econbiz.de/10005407646
If Australia's population were to reach 40 million, it could only result from either a drastic reversal of the decline …
Persistent link: https://www.econbiz.de/10005408359