The technological effects of innovative regions on lagging regions' labor markets have not been yet well understood, especially in the urban-rural context. I introduce a theoretical model that yields insight into the interactions between high-technology and lagging regions. While, through...

Technological diversification and specialization have important roles in explaining volatility, innovation, income inequality, exports, and related concerns; however, the relationships between transportation improvement and technological diversification and specialization remains unexplored....

The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP since 1970. The data show that the growth...

Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...