Showing 1 - 7 of 7
We examine two sets of economies, (19th century U.S. states and 20th century less developed countries) where growth rates are positively correlated with initial levels of development to document how these dynamic increasing returns operate. We find that open economies do not display a positive...
Persistent link: https://www.econbiz.de/10012474214
use historical factors like education in 1928 or Congregationalism in 1890, as instruments for the level of schooling … uncorrelated with the size of government. There is a weak negative relationship between corruption and employment and income growth … political outcomes occurs because more education improves political institutions …
Persistent link: https://www.econbiz.de/10012467868
In the United States, religious attendance rises sharply with education across individuals, but religious attendance … declines sharply with education across denominations. This puzzle is explained if education both increases the returns to … social connection and reduces the extent of religious belief. The positive effect of education on sociability explains the …
Persistent link: https://www.econbiz.de/10012470649
This paper examines the decentralization of employment using zip code data on employment by industry. Most American … cities are decentralized on average less than 16 percent of employment in metropolitan areas is within a three mile radius of … impact employment density which suggests that local government policies significantly influence the location of industry …
Persistent link: https://www.econbiz.de/10012470612
's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …
Persistent link: https://www.econbiz.de/10012479862
: local returns to scale in innovation, the elasticity of housing supply, and the importance of local amenities. Even if there … are global increasing returns, the returns to local scale in innovation may be decreasing, and that makes networks more …
Persistent link: https://www.econbiz.de/10012456877
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10012459649