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Knowledge is a special quasi-public good which is delivered by several types of institutions, including public and private universities. Knowledge to be produced in bigger quantities, the state should contribute with budgetary financial support as subsidies or grants to cover a part of expenses....
Persistent link: https://www.econbiz.de/10009367052
This paper empirically examines the proposition that levels of social welfare are related to a country's ability to provide itself with quasi-public goods. It also argues that less developed countries in recent years have been forced to reduce public spending on such goods as a result of the...
Persistent link: https://www.econbiz.de/10010797207
Recent trends in the growth of cities particularly in developing countries (and especially in India and China) are identified. Beneficial and negative sharing mechanisms influencing the growth of cities are examined. Economic benefits of agglomeration arise not so much from the type of economic...
Persistent link: https://www.econbiz.de/10008530409
This article provides an overview of beneficial sharing mechanisms that stimulate the growth of cities and negative sharing mechanisms and spillovers which retard their growth. The economic benefits and drawbacks of a city location are considered for businesses, employees and consumers. It is...
Persistent link: https://www.econbiz.de/10008530410
A flowchart approach to industrial cluster policy emphasizes the importance ofthe ordering of policy measures. The flow of policy implementation is to establish an industrial zone, to invite an anchor company, and to promote its related companies to invest in the industrial zone. This article...
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