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transformation. This paper provides a political economy analysis of the lack of structural transformation in African cities, drawing … on the Deals and Development framework. It argues that limited structural transformation in African cities is due to the … nature of state-business relations in the cities, where manufacturing and tradeable services firms in the formal sector face …
Persistent link: https://www.econbiz.de/10015053974
promoted cities have an incentive to utilize their new administrative remit to maximize gross domestic product and employment … through state-owned banks as a possible explanation. Importantly, newly promoted cities with high capacity generally produce … better aggregate firm outcomes compared with newly promoted cities with low capacity. The conclusions are twofold. First …
Persistent link: https://www.econbiz.de/10012923530
This paper explores the factors that contribute to long-run economic growth in U.S. metropolitan areas, with particular attention given to government finance variables. Unlike previous work that examines only a sub-sample of the largest areas, this paper uses a new comprehensive data set for all...
Persistent link: https://www.econbiz.de/10014212102
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concentrated in urban areas. One possible explanation is that cities specialise in sectors, such as tradable services, where the …
Persistent link: https://www.econbiz.de/10012132889
growth. On average, cities recovered their pre-Plague populations within two centuries. In addition, aggregate convergence …
Persistent link: https://www.econbiz.de/10011977143
We examine the role of democracy shocks in the cross-country economic growth processes over a period of five decades … investigation. We study if (i) a shock to democracy in one country triggers institutional reforms and growth upsurge in the … neighbouring countries, and (ii) the magnitude and direction of response to democracy shocks are contingent upon income pathways of …
Persistent link: https://www.econbiz.de/10012020510
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