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Financing the Capital Development of the Economy : A Keynes-Schumpeter-Minsky Synthesis
Mazzucato, Mariana - 2015
Persistent link: https://www.econbiz.de/10013023068
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Shaking Up the Equilibrium : Natural Disasters, Immigration and Economic Geography
Ager, Philipp - 2015
This paper investigates the effects of a large temporary shock on the agglomeration of economic activity. Using variation in the potential damage intensity of the 1906 San Francisco earthquake across counties in the American West, we find that the earthquake persistently decreased various...
Persistent link: https://www.econbiz.de/10013013158
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Determinants of urbanization
Hofman, Anett; Wan, Guangha - 2013
In light of the United Nations' (UN) latest urbanization projections, par- ticularly with respect to India and the … People's Republic of China, a good understanding is needed of what drives aggregate urbanization trends. Yet, previous … Urbanization Prospects, we use an instrumental variables approach to identify and analyze key urbanization determinants. We …
Persistent link: https://www.econbiz.de/10009781149
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Unified growth based on the specific factors model
Caspari, Volker; Pertz, Klaus - 2008
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify the principle of comparative advantage. Instead, we use this model as explicit theoretical framework to explain major trends of long-run economic development. Combined with...
Persistent link: https://www.econbiz.de/10010266861
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Heterogeneous Consumption Goods, Sectoral Change and Economic Growth
Steger, Thomas Michael - 2010
This paper sets up a simple AK-type growth model with heterogeneous consumption goods. It is shown that the (overall) intertemporal elasticity of substitution, the saving rate, and the growth rate of income unambiguously increase in the course of economic development. Moreover, the model offers...
Persistent link: https://www.econbiz.de/10013139490
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Delays in Technology Adoption, Appropriate Human Capital, Natural Resources and Growth
Berdugo, Byniamin; Sadik, Jacques; Sussman, Nathan - 2014
This paper analyzes the link between natural resources abundance, the quality of learning institutions and retardation in technology adoption. We offer a model in which human capital is technology specific and that learning to master the technology is costly. Market failure in the human capital...
Persistent link: https://www.econbiz.de/10014076134
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The Appearance of Carriers and the Origins of Money
Noguera, José de J. - 2009
The purpose of this essay is to analyze the circumstances where a monetary economy dominates over a redistributive barter economy in which there is not an absence of double coincidence of wants problem. For this purpose, we develop a spatial general equilibrium model where individuals must trade...
Persistent link: https://www.econbiz.de/10014200409
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Integration as a spatial institution : implications for agglomeration and growth
Deeken, Tim; Ott, Ingrid - 2014
In this article we analyze the interdependent issues of urbanization, growth, and globalization by presenting key …
Persistent link: https://www.econbiz.de/10010383880
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Human Capital, Urbanization and Dynamics of Economic Growth and Development
Mehmood, Rashid; Zia; Lal, Irfan - 2022
infrastructure and effective policy reforms. This study investigates that, how urbanization impacts economic growth and development … to find the relationship of human capital and urbanization and their convergence towards economic growth through capacity … development. Secondly, it examines the role of urbanization in the formation of human capital and to find the channels through …
Persistent link: https://www.econbiz.de/10013290234
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Stable partial agglomeration in a new economic geography model
Barde, Sylvain (contributor) - 2007
This paper extends the Puga (1999) model by introducing urban frictions. It assumes that the agglomeration of manufacturing in a city imposes a cost on the inhabitants of the agglomerated region. Furthermore, an implicit function methodology is developed to provide a numerical stability function...
Persistent link: https://www.econbiz.de/10003491154