Showing 1 - 10 of 170
The role of population density for economic activity was neglected in most part of economic theory. This paper is a review and extension of the previous works of the author in this field. So far, densities did not become common economic variables in economic analysis, and two countries with...
Persistent link: https://www.econbiz.de/10011400438
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible directions of its future development. Since there already exist several surveys on this topic, we focus on the selected features of the NEG which are important yet have attracted...
Persistent link: https://www.econbiz.de/10005385282
This paper presents a growth model of a small open economy with economic geography. The economy has three - industrial, services and housing - sectors. The economy is located along a line segment and land is for residential use. The model synthesizes the four well-known models in neoclassical...
Persistent link: https://www.econbiz.de/10009415584
The role of population density for economic activity was neglected in most part of economic theory. This paper is a review and extension of the previous works of the author in this field. So far, densities did not become common economic variables in economic analysis, and two countries with...
Persistent link: https://www.econbiz.de/10011483674
Sustainable use of natural resources becomes an important issue today not only due to global warming and pollution issues but also because of critical pressure on the Earth's regeneration possibility. We cannot use classical microeconomic approach here for two reasons: a) impossibility to create...
Persistent link: https://www.econbiz.de/10011484450
In this paper we investigate the relationship between economic growth and industrial pollution emissions in China using data for 112 major cities between 2001 and 2004. Using disaggregated data we separate FDI inflows from Hong Kong, Macao and Taiwan from those of other foreign economies. We...
Persistent link: https://www.econbiz.de/10010301460
This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock...
Persistent link: https://www.econbiz.de/10010301471
In dynamic resource allocation models, the non-existence of voting equilibria is a generic phenomenon due to the multi-dimensionality of the choice space even with agents heterogeneous only in their discount factors. Nevertheless, at each point of time there may exist a "median voter" whose...
Persistent link: https://www.econbiz.de/10011403443
An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011406141
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10010325168