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manufacturing. A lack of agglomeration economies is one possible explanation for slow manufacturing growth and the attendant … premature deindustrialization. The paper follows Combes (2000) in examining the importance of agglomeration economies on … employment growth. Other agglomeration economies do seem to play a role, although not always in the manner anticipated …
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Economic development in industrialized countries is characterized by rising per capita GDP, increasing life expectancy, and an ever larger share of the population living in cities. We explain this pattern within a regional innovation-driven economic growth model with labor mobility and a...
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