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 improvements in physical and social infrastructure. These sources of agglomeration have been extensively analyzed in the economic geography literature. They...
更多显示
详细
-
2008/01/01
-
57718
-
1
-
1
-
2010/11/25
-
Disclosed
-
Rethinking economic growth in a globalizing world : an economic geography lens
-
increasing return