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This paper tests for spatial spillover effects of state-level telecommunications infrastructure investment on state output, using panel data for 48 U.S. states from 1970 through 1997. As information and communication technologies support more industrial locational freedom, states may use...
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This book contributes to the debate on the decoupling of emerging economies from the advanced economies with a new, empirical investigation approach. Taking counterfactual experiments performed using a time-varying panel VAR model, the author argues that over the last thirty years, emerging...
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Introduction -- A Research Agenda -- The Role of Banks in the Schumpeterian Innovative Evolution - An Axiomatic Set-up -- Generalized Barriers to Entry and Economic Development -- Inventing Together: Exploring the Nature of International Knowledge Spillovers in Latin America -- Formal and...
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