Lindner, Ines; Strulik, Holger - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2011
perpetual growth is explained by a feedback effect from investment to the formation of long-distance links and the diffusion of …This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and … more integration mainly improves search for effcient investment opportunities. At a higher level of economic integration …