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In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...
Persistent link: https://www.econbiz.de/10011400141
What is the impact of modern transportation technology on long-run economic change in poor countries with high trade costs?  Rail construction in colonial Sub-Saharan Africa provides a natural experiment: 90% of African rail-road lines were built before independence, in a context where...
Persistent link: https://www.econbiz.de/10011159004
This chapter describes how the spatial distribution of economic activity changes as economies develop and grow. We start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we then focus on the continuum of locations in an economy...
Persistent link: https://www.econbiz.de/10011084674
The link between urban concentration and economic growth at country level is not straightforward, as there are benefits as well as costs associated with urban concentration. Indeed, recent empirical evidence suggests different effects of urban concentration on growth depending on the level of...
Persistent link: https://www.econbiz.de/10011124424
The link between urban concentration and economic growth at country level is not straightforward, as there are benefits as well as costs associated with urban concentration. Indeed, recent empirical evidence suggests different effects of urban concentration on growth depending on the level of...
Persistent link: https://www.econbiz.de/10011194345
Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...
Persistent link: https://www.econbiz.de/10011075896
The impact of income inequality on economic growth is dependent on several factors, including the time horizon considered, the initial level of income and its initial distribution. Yet, as growth and inequality are also uneven across space, it is also pertinent to consider the effects of the...
Persistent link: https://www.econbiz.de/10009291609
Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...
Persistent link: https://www.econbiz.de/10011490043
In this letter I summarise the main results and contributions from my Ph.D. thesis on concentration of resources and economic development. The empirical analysis performed in the thesis, and summarised here, focuses on two mayor world trends in modern economic development, namely increasing...
Persistent link: https://www.econbiz.de/10011304117