Showing 1 - 9 of 9
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level of development and growth performance. We then use the...
Persistent link: https://www.econbiz.de/10011713011
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
The relationship between governance and economic development is one of the most important areas of research in international development. Much of the previous literature has focused on whether better governance leads to higher levels of income. In this paper, we examine the relationship between...
Persistent link: https://www.econbiz.de/10010241356
High levels of net migration to the UK have contributed to growing cultural diversity, and researchers are turning their attention to the long-term effects of diversity on productivity. Yet little is known about these issues. This paper asks: what are the links between the composition of firms'...
Persistent link: https://www.econbiz.de/10010740495
Although Thailand's service sector accounts for almost half of the national income and has a major stake in national employment, its contribution to the growth of the gross domestic product (GDP) fluctuates. Moreover, the share of the service sector in GDP is decreasing while many developed...
Persistent link: https://www.econbiz.de/10009781188
This paper presents evidence on the spatial distribution and effects of urban agglomeration on firm innovation. It uses a unique dataset that consistently defines city boundaries and identifies firms' innovation-related activities across 25 developing countries in Asia. We find firm innovation...
Persistent link: https://www.econbiz.de/10012242093
Agglomeration theory supports and existing findings confirm the geographical proximity of similar firms and spatial attraction of firms to universities. In addition to that, we are able to identify whether universities as one type of innovative units are attracted by firm-type innovators and the...
Persistent link: https://www.econbiz.de/10012171301
structural and R&D policy the aim of the current paper is to assess, to what extent they have supported regional convergence, not … measure the impacts on regional convergence in a European (country wise) and urban-rural perspective. The first part of the … developments and perspectives until 2020. The second part considers the impact on the process of convergence of the current decline …
Persistent link: https://www.econbiz.de/10010740379
There is a broad consensus in the literature in that R&D is a precondition for innovation and in turn, for economic growth. On the regional level, this implies that regions with a high stock of R&D should reveal better results when it comes to economic performance. This presumption has lead...
Persistent link: https://www.econbiz.de/10011075916