Toward a Microeconomics of Growth.

What drives growth at the microeconomic level? Burgess and Venables divide the factors that determine a location's growth performance into two groups, '1st advantage' and '2nd advantage.' The term 1st advantage refers to the conditions that provide the environment in which n...

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Autori principali: Burgess, R, Venables, A
Natura: Working paper
Lingua:English
Pubblicazione: World Bank 2004