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  • 标题:Agglomeration and Growth : Cross-Country Evidence
  • 本地全文:下载
  • 作者:Marius Brülhart ; Federica Sbergami
  • 期刊名称:DEEP Cahiers de Recherches Économiques / Université de Lausanne
  • 出版年度:2008
  • 卷号:1
  • 出版社:Université de Lausanne
  • 摘要:We investigate the impact of within-country spatial concentration of economic activity on country-level growth, using cross-section OLS and dynamic panel GMM estimation. Agglomeration is measured alternatively through measures of urbanization and through indices of spatial concentration based on data for sub-national regions. Across estimation techniques, data sets and variable definitions, we find evidence that supports the "Williamson hypothesis": agglomeration boosts GDP growth only up to a certain level of economic development. The critical level is estimated at some USD 10,000, corresponding roughly to the current per-capita income level of Brazil or Bulgaria. This implies that the tradeoff between national growth and inter-regional equality may gradually lose its relevance.
  • 关键词:economic growth; agglomeration; urbanization; dynamic panel estimation
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