Zon, Adriaan van; Mupela, Evans - United Nations University-Maastricht Economic Research … - 2010
In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …