This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …

This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …

productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …

lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the …

This paper presents a model of international trade that features heterogeneous firms, relative endowment differences … across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate … wide range of firmlevel reactions to falling trade costs, the model also shows that, as trade costs fall, firms in …

neoclassical growth model. The short-run revenue loss after an income tax cut is partly - or, depending on parameter values, even … completely - offset by growth in the long-run, due to the resulting incentives to further accumulate capital. We study how the … dynamic response of government revenue to a tax cut changes if we allow a Ramsey economy to engage in international trade: the …