Mostrando recursos 1 - 2 de 2

  1. Regional integration, international liberalisation and the dynamics of industrial agglomeration

    Commendatore, Pasquale; Kubin, Ingrid; Petraglia, Carmelo; Sushko, Iryna
    This paper presents a 3-Region footloose-entrepreneur new economic geography model. Two symmetric regions are part of an economically integrated area (the Union), while the third region represents an outside trade partner. We explore how the spatial allocation of industrial production and employment within the Union is affected by changes in two aspects of trade liberalisation: regional integration and globalisation. Our main contribution pertains to the analysis of the local and global dynamics of the specified factor mobility process. We show that significant parameter ranges exist for which asymmetric distribution of economic activities is one of the possible long-run outcomes. This is...
    (application/pdf) - 18-oct-2016

  2. (In)equality in Education and Economic Development

    Zagler, Martin; Sauer, Petra
    This paper investigates the relationship between economic development and the average Level of education as well as the degree of inequality in the distribution of education, respectively. Approaching this question in a dynamic panel over 60 years and 143 countries with a system GMM estimator reveals strong support for the inclusion of an interaction term between the education Gini coeffcient and average years of schooling, indicating the existence of nonlinear effects. We contribute to the literature in providing strong evidence that more schooling is good for economic growth - irrespective of its distribution - but that the coeffcient is variable and...
    (application/pdf) - 18-oct-2016

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