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levels? This paper aims to examine these issues with a particular focus on the importance of externalities. Externalities are … defined as region-specific economic effects influencing firm efficiency. These externalities can be broadly divided in the … following categories: i) urbanization economies which relate to diversity and density (Jacobs externalities), ii) localization …
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We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
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externalities that accrue to local geographic areas. The focus of the chapter is on the empirical issues that arise in identifying … these externalities and on the existing empirical evidence on their magnitude. …
Persistent link: https://www.econbiz.de/10014024011
Military expenditure in developing countries raises complex questions regarding growth, development, security and governance. This chapter provides an analytical survey of the effects and causes of defense spending in developing economies. Using stylized facts, theoretical models and empirical...
Persistent link: https://www.econbiz.de/10014024420
In this paper we study the impact of diversity on regional growth by extending the existing literature in such that we differentiate between industry diversity and human capital diversity. In order to measure human capital diversity we construct a regional measure based on individual...
Persistent link: https://www.econbiz.de/10011332574
Summary Human capital is unequally distributed across cities or regions within a country. The way how the spatial distribution of human capital evolves over time sheds light on the strength of concentration forces for high-skilled workers, such as localised increasing returns to human capital....
Persistent link: https://www.econbiz.de/10014609275