Showing 1 - 10 of 15
In the present paper we address the relationship between the extent of business ownership (self-employment) and economic development. We will focus upon three issues. First, how is the equilibrium rate of business ownership related to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10005144445
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10005144476
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10005144510
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross-sectional heterogeneity. Despite these differences, a rate of...
Persistent link: https://www.econbiz.de/10005144527
The concentration of people with diverse socio-cultural backgrounds in particular geographic areas may boost the creation of new ideas, knowledge spillovers, entrepreneurship, and economic growth. In this paper we measure the impact of the size, skills, and diversity of immigration on the...
Persistent link: https://www.econbiz.de/10009201123
Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the …
Persistent link: https://www.econbiz.de/10008513230
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10005136892
The potential interactions among fiscal policies, investments and economic growth are complex and manifold. In this paper, we will perform a systematic comparative analysis of the various economic insights that are currently available on these complex relationships, both theoretically (by a...
Persistent link: https://www.econbiz.de/10005136911
This paper explores the link between trade structure, trade specialization and per capita income growth. It is argued that industrial upgrading in export specialization patterns has a positive long-run growth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10005136942
In this note we show that the standard, loglinear growth regression specification is consistent with one and only one model in the class of stochastic Ramsey models. This model is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciation rate and it implies that risk does...
Persistent link: https://www.econbiz.de/10005137069