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This paper uses a general equilibrium trade framework to estimate the contribution of transport infrastructure to regional development. I apply the analysis to India, a country with a notoriously weak and congested transportation infrastructure. I first analyze the development effects of a...
Persistent link: https://www.econbiz.de/10012902762
This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural–urban migration. Moving beyond the coarse rural–urban distinction, we then focus on the continuum of locations in an...
Persistent link: https://www.econbiz.de/10014025293
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
Economic corridors connect economic agents along a defined geography. They provide important connections between economic nodes or hubs that are usually centered in urban landscapes. They do not stand alone, as their role in regional economic development can be comprehended only in terms of the...
Persistent link: https://www.econbiz.de/10009781289
Persistent link: https://www.econbiz.de/10003940316
This paper contributes to the empirical literature by providing a quantitative measurement of the influence of regional trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge spillovers in a multi-country model. The...
Persistent link: https://www.econbiz.de/10010366570
Economic integration affects economic development through two main channels: growth and localization of the economic activities. The theories of endogenous growth and economic geography enable us to understand these mechanisms. We study in this paper their similarities and specificities before...
Persistent link: https://www.econbiz.de/10010366571
Regional economic integration through logistics, information network and connectivity improvement can increase the 'virtual size' of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale, network, coordination and agglomeration economies. As is...
Persistent link: https://www.econbiz.de/10009734294
Transportation infrastructure is a way for governments to achieve development goals by connecting peripheral areas to urban centers. This is particularly important in a country like China where income is highly unequally distributed across space. Yet understanding the gains from transportation...
Persistent link: https://www.econbiz.de/10012907510
For many developing nations, foreign direct investment inflows remain crucial for economic development. The levels of FDI inflows in Zimbabwe, have remained relatively low as compared to other developing nations. The study seeks to analyse the impact of various Ease of Doing Business Indicators...
Persistent link: https://www.econbiz.de/10012934575