We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with … different levels of migration frictions. We bring the model to the data for the whole world economy at a 1º times 1º geographic …

order to shed light on the role of absorptive capacity in determining the impact of regional transfers on economic growth …'s Objective 1 Structural Funds programme into faster growth. Those regions are the ones which are responsible for a positive …

2000-06). Using generalized propensity score estimation, we analyze to which extent the goal of fostering growth in the … target regions was achieved with the funds provided and whether more transfers generated stronger growth effects or not. We … find that, overall, EU transfers enable faster growth in the recipient regions as intended, but we estimate that in 36% of …

Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth … depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average … growth. Second, the adverse effect of resources on growth operates primarily through higher volatility. The positive effect …

start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we …

develop a simple descriptive growth model which allows for factor accumulation, technological diffusion and rate effects from …