Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10003279757
Historically, urban growth required enough development to grow and transport significant agricultural surpluses or a government effective enough to build an empire. But there has been an explosion of poor mega-cities over the last thirty years. A simple urban model illustrates that in closed...
Persistent link: https://www.econbiz.de/10012458918
technological spillovers in generating growth. Because such knowledge spillovers are particularly effective in cities, where … that important knowledge spillovers might be between, rather than within industries, consistent with the theories of Jacobs …
Persistent link: https://www.econbiz.de/10012475213
replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo …'s theory of comparative advantage is mathematically correct, not that it is empirically valid. The goal of this paper is to … output predicted by Ricardo's theory of comparative advantage. Despite all of the real-world considerations from which this …
Persistent link: https://www.econbiz.de/10012460690
In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand...
Persistent link: https://www.econbiz.de/10012469090