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This paper documents the potential employment and other value-added benefits of infrastructure investments in Ontario. In particular, it details the impact of infrastructure investment as a counter-cyclical fiscal policy tool. A review of the recent literature reveals that infrastructure...
Persistent link: https://www.econbiz.de/10014156125
The Tax Cuts and Jobs Act of 2017 established a new program called Opportunity Zones (OZs) that created tax advantages for investing in businesses or real estate in a limited number of low-income Census tracts. We use a census of establishment-level data on employment to identify the effect of...
Persistent link: https://www.econbiz.de/10012828920
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 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
Firm creation is central to many theories of economic growth. I show using U.S. Census microdata that new firms play a dominant role in the growth of local areas, such as cities and counties. Entry is very persistent at the local level, and variation in this extensive margin accounts for most of...
Persistent link: https://www.econbiz.de/10012858373
impacto de largo plazo de la violencia en el crecimiento económico de Colombia, en el período 1950-2010. La evidencia … investment. The paper analyses the long-run impact of the violence on the Colombia's economic growth, using annual time series … supported econometrically. The findings have a strong implication on educational and security policies in Colombia. The results …
Persistent link: https://www.econbiz.de/10013058037
Although there is growing evidence on the role of agglomeration economies in the formation and growth of firms, both the concepts of agglomeration economies and entrepreneurship tend to be ambiguously defined and measured in the literature. In this study, we aim to improve the conceptualisations...
Persistent link: https://www.econbiz.de/10010261507