A Longitudinal Study of Metropolitan Density Patterns in a Developing Country: Puerto Rico, 1899–1970

1979 ◽  
Vol 11 (4) ◽  
pp. 423-433
Author(s):  
Suzanne Vaughan ◽  
K P Schwirian
Keyword(s):  
Economic Development ◽  
Puerto Rico ◽  
Longitudinal Study ◽  
Developing Country ◽  
Growth And Development ◽  
Metropolitan Areas ◽  
Human Settlements ◽  
Residential Patterns ◽  
Long Run ◽  
Developing Societies

One approach to the study of the growth and development of human settlements is through the analysis of changing residential patterns. The focus of this paper is upon the changing density patterns for Puerto Rico's three principal metropolitan areas from 1899–1970. The data show that San Juan's long-run residential deconcentration is consistent with the pattern usually displayed by cities in developed societies. The increasing congestion and stable concentration of Ponce and Mayaguez are consistent with the pattern found in cities in developing societies. Differences among the metropolitan areas are discussed in terms of the trajectory of Puerto Rico's economic development.

UNDERSTANDING MIGRATION IN ALBANIA

2019 ◽  
Vol 10 (2) ◽  
pp. 153-160
Author(s):  
Meleq Hoxhaj ◽  
Ermelinda Kordha Tolica
Keyword(s):  
Economic Development ◽  
Developing Country ◽  
Short Term ◽  
Stages Of Development ◽  
Long Run ◽  
The Impact ◽  
Positive Effect

Migration is a phenomenon that has been present in many countries during their stages of development. Albania as a developing country is still facing migration in recent years. Since this phenomenon has resulted in obvious effects, researchers have dedicated a lot of work in relation to the impact in the countries’ development. The aim of the paper is to analyze the phenomenon of migration in Albania, its characteristics and its effects on the economy. A brief description of the migration stages and the related causes is provided at the beginning. Then, there are some data on migration in Albania today. The paper follows the link of migration with economic development. In short-term migration has a positive effect on the economy, impacts through remittances help alleviate poverty, but in long run, migrants create families in countries where they have migrated, resulting in a decline in remittances.

scholarly journals How Deep Are the Roots of Economic Development?

2013 ◽  
Vol 51 (2) ◽  
pp. 325-369 ◽  
Author(s):  
Enrico Spolaore ◽  
Romain Wacziarg
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
Empirical Work ◽  
Empirical Literature ◽  
Direct Impact ◽  
Economic Growth And Development ◽  
Long Run ◽  
Proximate Determinants ◽  
New Literature

The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of historical variables on contemporary income by explicitly taking into account the ancestral composition of current populations. The evidence suggests that economic development is affected by traits that have been transmitted across generations over the very long run. This article surveys this new literature and provides a framework to discuss different channels through which intergenerationally transmitted characteristics may impact economic development, biologically (via genetic or epigenetic transmission) and culturally (via behavioral or symbolic transmission). An important issue is whether historically transmitted traits have affected development through their direct impact on productivity, or have operated indirectly as barriers to the diffusion of productivity-enhancing innovations across populations. (JEL J11, O33, O47, Z13)

scholarly journals History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World

2000 ◽  
Vol 14 (3) ◽  
pp. 217-232 ◽  
Author(s):  
Kenneth L Sokoloff ◽  
Stanley L Engerman
Keyword(s):  
Economic Development ◽  
Growth And Development ◽  
New World ◽  
Initial Conditions ◽  
Factor Endowments ◽  
Long Run ◽  
National Heritage ◽  
Wide Range ◽  
North And South America ◽  
North And South

The explanations offered for the contrasting records of long-run growth and development among the societies of North and South America most often focus on institutions. The traditional explanations for the sources of these differences in institutions, typically highlight the significance of national heritage or religion. We, in contrast, argue that a hemispheric perspective across the wide range of colonies established in the New World by the Europeans suggests that although there were many influences, factor endowments or initial conditions had profound and enduring effects on the long-run paths of institutional and economic development followed by the respective economies.

Liberal development, 1925–46

2017 ◽  
Author(s):  
John Toye
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Exchange Rate ◽  
Developing Country ◽  
Trade Protection ◽  
Communist Country ◽  
Economic Policies ◽  
Government Finance ◽  
Soviet Government ◽  
Experimental Economic

Keynes’s writings are often disregarded in the context of economic development, overlooking that Russia was a developing country in his lifetime. He wrote about the experimental economic techniques that the Soviet government employed. He visited Russia three times and wrote A Short View of Russia in which he explained and criticized Bolsheviks’ policy of export and import monopolies, an overvalued exchange rate, inflationary government finance, and the subsidization of industry. These were policies that many developing countries adopted after decolonization. Keynes’s conclusion was that they were inefficient and that ‘bourgeois economics was valid in a communist country’. Did Keynes change his mind in the 1930s? If anything, he grew more harshly critical of Soviet economic policies and carefully distinguished them from his own endorsement of moderate trade protection and government supplementary investment in times of depression.

scholarly journals Location-Specific Adjustments in Population and Employment across Metropolitan America

Urban Science ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 24
Author(s):  
Gordon F. Mulligan ◽  
John I. Carruthers
Keyword(s):  
Labor Markets ◽  
Metropolitan Areas ◽  
Adjustment Process ◽  
Equilibrium Solutions ◽  
Natural Amenities ◽  
Long Run ◽  
Local Sustainability ◽  
Universal Solution ◽  
Standard Linear ◽  
Local Solutions

This paper examines the joint adjustment of population and employment numbers across America’s metropolitan areas during the period 1990–2015. Current levels of both are estimated, for 10 year periods, using their lagged (own and cross) levels and eight other lagged variables. Population is affected by both human and natural amenities and employment by wages, patents, and other attributes of the workforce. This paper questions the conventional interpretation of the adjustment process by using geographically weighted regression (GWR) instead of standard linear (OLS, 2GLS) regression. Here the various estimates are all local, so the long-run equilibrium solutions for the adjustment process vary over space. Convergence no longer indicates a stable universal solution but instead involves a mix of stable and unstable local solutions. Local sustainability becomes an issue when making projections because employment can quickly lead or lag population in some metropolitan labor markets.

scholarly journals Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa

2021 ◽  
Vol 18 (12) ◽  
pp. 6236
Author(s):  
Husam Rjoub ◽  
Chuka Uzoma Ifediora ◽  
Jamiu Adetola Odugbesan ◽  
Benneth Chiemelie Iloka ◽  
João Xavier Rita ◽  
...  
Keyword(s):  
Economic Development ◽  
Natural Resources ◽  
Causal Effect ◽  
Sub Saharan Africa ◽  
Security Threats ◽  
African Countries ◽  
Significance Level ◽  
Long Run ◽  
Short Run ◽  
Sub Saharan

Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.

scholarly journals The role of diversity and tolerance in economic development

2021 ◽  
Author(s):  
Witold Kwasnicki
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Development ◽  
Evolutionary Process ◽  
Evolutionary Model ◽  
Industry Development ◽  
Radical Innovations ◽  
Long Run

AbstractThis paper presents an evolutionary model of industry development, and uses simulations to investigation the role of diversity and heterogeneity in firms’ behaviour, and hence industrial development. The simulations suggest that economic growth is increased with greater variety, in the sense of the evolutionary process approaching the equilibrium faster and also, in the long run, moving faster from one equilibrium to a new, more advanced, equilibrium. This occurs due to higher variety caused by a more tolerant environment, and due to the higher probability of emergence of radical innovations.

scholarly journals Tourism Industry and Economic Growth Nexus in Beijing, China

Economies ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 25 ◽  
Author(s):  
Yang Songling ◽  
Muhammad Ishtiaq ◽  
Bui Thi Thanh
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Strong Support ◽  
Growth Index ◽  
Strong Relationship ◽  
Tourism Industry ◽  
Var Model ◽  
Long Run ◽  
The Relationship ◽  
Beijing China

In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the rapidly increasing elements for economic development from the last two decades. Therefore, the proposed study used vector autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism industry and economic growth based on the data of the Beijing municipal bureau of statistics from 1994 to 2015. Gross domestic product (GDP) is used as a replacement variable for the economic growth index, while internal tourism revenue is used as a tourism industry indicator. The study supports the tourism-led growth hypothesis proposed in the existing literature in a different survey of tourism and economic development. The results show that there is a strong relationship in the tourism industry and economic growth in the context of Beijing, and at the same time, tourism creates a more significant increase in long run local real economic accomplishments. The results of the VAR model confirm that in the long run, Beijing’s economic growth is affected by domestic tourism, while the ECM model shows unidirectional results in the short term. Similarly, there is a one-way causal relationship between the tourism industry and economic growth in Beijing, China. The empirical results are in strong support of the concept that tourism causes growth.

Superstar Cities

2013 ◽  
Vol 5 (4) ◽  
pp. 167-199 ◽  
Author(s):  
Joseph Gyourko ◽  
Christopher Mayer ◽  
Todd Sinai
Keyword(s):  
Metropolitan Area ◽  
Metropolitan Areas ◽  
House Prices ◽  
Aggregate Demand ◽  
House Price ◽  
Lower Income ◽  
Local Factors ◽  
The Past ◽  
Long Run ◽  
Price Appreciation

We document large long-run differences in average house price appreciation across metropolitan areas over the past 50 years, and show they can be explained by an inelastic supply of land in some unique locations combined with an increasing number of highincome households nationally. The resulting high house prices and price-to-rent ratios in those “superstar” areas crowd out lower income households. The same forces generate a similar pattern among municipalities within a metropolitan area. These facts suggest that disparate local house price and income trends can be driven by aggregate demand, not just changes in local factors such as productivity or amenities. (JEL R11, R23, R31, R52)

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