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Urbanization and Economic Development: A Tale of Two Barriers

Bond, Eric; Riezman, Raymond G.; Wang, Ping - 2016

In this paper we determine the main driving forces underlying the structural transformation and urbanization process in … barriers played in China’s growth and urbanization. We find that the primary drivers for real per capita GDP growth are … migration cost reduction and skill accumulation. While trade liberalization is important for urbanization during the transition …

Persistent link: https://www.econbiz.de/10011431285

Urbanization and Economic Development : A Tale of Two Barriers

Bond, Eric W. - 2016

In this paper we determine the main driving forces underlying the structural transformation and urbanization process in … barriers played in China's growth and urbanization. We find that the primary drivers for real per capita GDP growth are … migration cost reduction and skill accumulation. While trade liberalization is important for urbanization during the transition …

Persistent link: https://www.econbiz.de/10012997164

Banking and Industrialization

Heblich, Stephan; Trew, Alex - 2015

We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...

Persistent link: https://www.econbiz.de/10011388174

China's march to prosperity : reforms to avoid the middle-income trap

Koen, Vincent; Herd, Richard; Hill, Sam - 2013

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Persistent link: https://www.econbiz.de/10010231008

Is Mobile Money Changing Rural Africa? Evidence from a Field Experiment

Batista, Catia; Vicente, Pedro C. - 2023

work suggests that mobile money can accelerate urbanization and structural change in Sub-Saharan Africa. …

Persistent link: https://www.econbiz.de/10014296845

Is mobile money changing rural Africa? : evidence from a field experiment

Batista, Catia; Vicente, Pedro C. - 2023

work suggests that mobile money can accelerate urbanization and structural change in Sub-Saharan Africa. …

Persistent link: https://www.econbiz.de/10014250643

Spatial Takeoff in the First Industrial Revolution

Trew, Alex - School of Economics and Finance, University of St. Andrews - 2014

Using the framework of Desmet and Rossi-Hansberg (forthcoming), we present a model of spatial takeoff that is calibrated using spatially-disaggregated occupational data for England in c.1710. The model predicts changes in the spatial distribution of agricultural and manufacturing employment...

Persistent link: https://www.econbiz.de/10010904129

Spatial Takeoff in the First Industrial Revolution

Trew, Alex - Centre for Dynamic Macroeconomic Analysis, University … - 2014

Persistent link: https://www.econbiz.de/10010904146

Spatial Takeoff in the First Industrial Revolution

Trew, Alex - In: Review of Economic Dynamics 17 (2014) 4, pp. 707-725

Using the framework of Desmet and Rossi-Hansberg (2009), we present a model of spatial takeoff that is calibrated using spatially-disaggregated occupational data for England in c.1710. The model predicts changes in the spatial distribution of agricultural and manufacturing employment which match...

Persistent link: https://www.econbiz.de/10010945618

Structural Change and Growth in a NEG model

Cerina, F.; Mureddu, F. - Centro Ricerche Nord Sud (CRENoS) - 2011

This paper presents a New Economic Geography model of structural change, agglomeration and growth. By assuming the same non-homothetic preference structure as Murata (2008), we obtain similar results in that a progressive reduction of trade costs allows the economy to pass from a...

Persistent link: https://www.econbiz.de/10009325295