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Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...
Persistent link: https://www.econbiz.de/10014159021
We study entrepreneurship and growth through the lens of U.S. cities. Initial entrepreneurship correlates strongly with urban employment growth, but endogeneity bedevils interpretation. Chinitz (1961) hypothesized that coal mines near cities led to specialization in industries, like steel, with...
Persistent link: https://www.econbiz.de/10014040278
Persistent link: https://www.econbiz.de/10012025308
This chapter on urbanization and growth focuses on modeling and empirical evidence that pertain to a number of inter … level of individual cities. In the early stages of growth, economic development is characterized by urbanization – a spatial … aspects of the transformation? In any static, growth, or development–urbanization context, how do governance, institutions …
Persistent link: https://www.econbiz.de/10014023763
plough in Northern Europe led to increased population density and urbanization. White argued that it was impossible to take … find that regions with relatively more fertile clay soil experienced higher urbanization and population growth after the … suggest that the heavy plough accounts for around 10% of the increase in urbanization and population density during the High …
Persistent link: https://www.econbiz.de/10014151119
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010517057
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010530034
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
Why are we rich and others poor? What is preventing the less-developed countries from catching up with the more developed? How did we become rich? Underlying these questions are more fundamental ones: What is the nature of economic progress? What are its causes? I seek the answers to these...
Persistent link: https://www.econbiz.de/10013135194
Investment banking taken generally to mean the financing of long-term capital needs, came into being with the merchants of medieval trade routes. In almost all developed economies of the world, even those developing late in the 19th century, investment bankers emerged from merchant roots. The...
Persistent link: https://www.econbiz.de/10013005658