During the past few decades, the landscape of the world economy has changed. New trade patterns reflect the globalization of the supply chain and intra-industry trade, and increasing flows between neighboring countries and trading blocs with similar factor endowments. Similarly, the approach to...

Urbanization has both benefits and costs. In a market economy, the trade-off between benefits and costs determines the level, speed, and pace of urbanization. This paper summarizes research findings on how urbanization enhances productivity and economic growth in both rural and urban sectors,...

This study explores the relationship between inequality and structural transformation by constructing a theoretical model, developing analytical frameworks, and implementing a case study. The general equilibrium model we develop demonstrates that inequality exhibits an inverted U shape as...

Given that India's urban areas contribute to nearly two-thirds of its gross domestic product, even though they account for only 31% of the country's population, they have been rightly called the engines of India's growth. In this paper, I answer the following questions: What are the economic...

This paper summarizes and expands the state-of-the-art understanding of the urbanization, development, environment, and inequality nexus. Economic growth/development, urbanization, and energy/electricity consumption are all highly correlated. While urbanization may be more evidence of economic...

This paper examines the relationship between city size, migration, and urban income inequality using the 1% sample of the 2005 Census in the People's Republic of China (PRC). We calculate various measures of within-city income inequality for 252 PRC cities. It is found that city income...

The People's Republic of China (PRC) is experiencing a trend toward population concentration in its large coastal cities. However, at the same time, there is also a distortion of city size toward small cities in the country. That is to say, the urban population in the PRC should further...

The potential effects of high-speed rail (HSR) reach into many overlapping fields of interest. This paper summarizes the evolution of HSR and elaborates on the development effects of the HSR transport infrastructure. HSR can simultaneously become a core component of desired urban developments,...

This paper presents three approaches to the evaluation of cross-border transport infrastructure in the Greater Mekong Subregion (GMS). First, it estimates benefit-cost ratios for selected segments of economic corridors. The results indicate differing degrees of economic viability among different...

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This underperformance has been due to both policy-related variables - relatively high tariff and non-tariff...