Rethinking Economic Growth in a Globalizing World: An Economic Geography Lens.
This paper argues that cumulative causation processes are fundamental to understanding growth and development. Such processes derive from spatially concentrated increasing returns to scale including thick market effects, knowledge spillovers, sectoral and urban clustering, and self-reinforcing impro...
| Main Author: | |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Blackwell Publishing
2009
|