This paper presents a New Economic Geography model of structural change, agglomeration and growth. By assuming the same … time. Second, the introduction of non-homotheticity introduces a new channel through which growth is affected by trade … costs and agglomeration. In particular, integration is always growth-enhancing while agglomeration is growth-detrimental. …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy and obtain the following results. First, the effect of a decline in population growth on labor … productivity growth is positive and quantitatively significant. In our benchmark, it is predicted to increase from an average …

-Saharan Africa have enjoyed significantly higher investments and growth rates, primarily fueled by the expanding fiscal space of the … post-HIP C era. Despite these post-HIPC growth rebounds, the region is not likely to meet the Millennium Development Goals … (MDGs). Long-term growth projections from a simple macroeconomic model, which is applied to Ethiopia, suggest that prospects …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

over economic growth on developing countries. We analyze the relationship between growth, exchange rate and productive … connection between accumulation regimes and growth. The standard model will be modified by means of the introduction of a non …, showing that a higher growth rate is possible only by means of a devaluate real exchange rate. The empirical results show a …

Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth … depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average … growth. Second, the adverse effect of resources on growth operates primarily through higher volatility. The positive effect …