This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal …-run economic growth. However, it spurs employment and road freight by stimulating intermodal transport. …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we … growth and unbundling spatial lags matters. Robustness is verified by re-estimating our regressions with fixed effects and …

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling … for initial income per capita, population growth, human capital, investment, openness and natural resource dependence … the black box and conditioning the variance of growth shocks on several country characteristics. Natural resource …

country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the … engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from …

argue that existing studies on the impact of natural disasters on economic development have several important limitations …, both at the level of the outcome variable – usually national income or growth – as well as on the level of the independent … entire world for the period 1992-2013 we find that earthquakes reduce both light growth rates and light levels significantly …