We analyze the impact of local banking infrastructure on manufacturing growth in Mexican municipalities and US counties. We find that aggregate local banking deposits have a positive and significant impact on technological change, and on the use of human capital at the municipal or county level...

Theory is divided on whether falling transport costs lead to more or less spatial concentration of economic activity. Using US county-level data we find that aggregate employment became more concentrated between 1972-92. This aggregate picture hides important differences between sectors though....

This paper examines the spatial distribution of jobs across US counties and investigates whether sectoral employment is becoming more or less concentrated. The existing literature has found deconcentration (convergence) of employment across urban areas. Cities only cover a small part of the US,...

Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...

This Paper examines the spatial distribution of jobs across US counties and investigates whether sectoral employment is becoming more or less concentrated. The existing literature has found deconcentration (convergence) of employment across urban areas. Cities only cover a small part of the US...

Zahlreiche Untersuchungen zu den regionalökonomischen Wirkungen von Infrastruktureinrichtungen - vor allem im Bildungsbereich - haben nachweisen können, daß von diesen Institutionen positive und stimulierende Effekte auf die regionale Wirtschaft ausgehen. Für den Bereich der sozialen...

Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...

Does an individual's housing situation affect community social capital and influence regional development through this channel? A body of literature which followed the seminal work of DiPasquale and Glaeser suggests that homeownership is positively related to social capital formation due to both...

There are three parts of our paper. Firstly, it gives an overview about the goals and factors which affect the integration of local communal services. Horizontal integration means joining the various individual service providers, such as water supply and sewage, communal waste, district heating,...

This paper estimates the effects of airports on economic growth in US metropolitan areas. The estimation uses a novel technique to identify the effects of changes in local airport sizes from overall changes in the air travel network. Airport size is found to have a positive effect on local...