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This paper reconsiders the evolution of the growth of American cities since 1790 in light of new theories of urban growth. Our null hypothesis for long-term growth is random growth. We obtain evidence supporting random growth against the alternative of mean reversion (convergence) in city sizes...
Persistent link: https://www.econbiz.de/10011581479
wavelength of agglomeration forces seems to be rather small in Europe. Human capital and R&D are transmission channels of …
Persistent link: https://www.econbiz.de/10014121343
The evaluation of economic development level is commonly measured by the growth rate of GDP. However, this single-dimensional measurement may cause potential issue to investigate sustainable economic development and growth model. An alternative framework is introduced to economic development...
Persistent link: https://www.econbiz.de/10012619679
Innovation policies are strategic tools for reinforcing long-term economic growth. If the literature highlights the need for coordination among national R&D policies, the need for transnational policies appears to be less clear. Using a model à la Martin and Ottaviano (1999), we conduct a...
Persistent link: https://www.econbiz.de/10014044183
Persistent link: https://www.econbiz.de/10012061340
Die wirtschaftliche Integration verändert den Wachstumspfad der beteiligten Länder durch Skalen-, Faktorreallokations- und Faktorhandelseffekte. Während die oft stark betonten Skaleneffekte das Wachstum eindeutig fördern, können durch Handel ausgelöste Verschiebungen der sektoralen...
Persistent link: https://www.econbiz.de/10010485432
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congestion costs. Institutions governing land markets, property rights, local government autonomy, and local financing affect the …
Persistent link: https://www.econbiz.de/10014023763
Persistent link: https://www.econbiz.de/10003943177
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