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Urban-Biased Growth : A Macroeconomic Analysis

Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - National Bureau of Economic Research - 2022

Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...

Persistent link: https://www.econbiz.de/10013388871

Globalization, infrastructure, and inclusive growth

Winters, Leonard Alan - 2014

This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and infrastructure make it easier for people to exchange...

Persistent link: https://www.econbiz.de/10010245334

The impacts of infrastructure in development : a selective survey

Sawada, Yasuyuki - 2015

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Persistent link: https://www.econbiz.de/10010465408

Digitalization and economic performance of two fast-growing Asian economies : India and the People's Republic of China

Sahoo, Dukhabandhu; Nayak, Suryakanta; Behera, Jayanti - 2021

This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and...

Persistent link: https://www.econbiz.de/10012500546

Reevaluating the economic benefits of the Lao People's Democratic Republic (Lao PDR)-People's Republic of China high-speed rail and its implications for fiscal stability of the Lao...

Lane, Jonathan Andrew - 2020

This paper explores the challenges created by debt and fiscal stability in countries where major infrastructure investment is proposed. This paper specifically focuses on the Lao People's Democratic Republic (Lao PDR) and the $6 billion Lao PDR-People's Republic of China (PRC) high-speed railway...

Persistent link: https://www.econbiz.de/10012289885

Infrastructure and urbanization in the People's Republic of China

Li, Zhigang - 2017

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...

Persistent link: https://www.econbiz.de/10011585947

Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets

Mitchener, Kris James - 2010

This paper examines the relationship between the structure of banking markets and economic growth using a new dataset on manufacturing industry-level growth rates and banking market concentration for U.S. states during 1899-1929--a period when the manufacturing sector was expanding rapidly and...

Persistent link: https://www.econbiz.de/10012462942

Exports and Slow Economic Growth in the Lower South Region, 1720-1800

Mancall, Peter C. - 2006

For the past generation scholars have emphasized that the Lower South was one of the most economically successful regions of British mainland North America, and perhaps the most successful. Planters, the primary economic actors, made extensive use of slave labor and created a successful...

Persistent link: https://www.econbiz.de/10012466624

A framework to study the role of structural transformation in productivity growth and regional convergence

Fukao, Kyōji; Paul, Saumik - 2018

We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese … prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the …

Persistent link: https://www.econbiz.de/10011843800

Do Borders Matter for Social Capital? Economic Growth and Civic Culture in U.S. States and Canadian Provinces

Helliwell, John F. - 1996

The paper first assesses regional and ethnic group differences in social trust and memberships in both Canada and the United States. The ethnic categories people choose to describe themselves are as important as regional differences, but much less important than education, in explaining...

Persistent link: https://www.econbiz.de/10012472965