Article Abstract:
A study was conducted to discuss the incorporation of a second margin in the analysis of the relationship between population increases at a location and increases in the variety of differentiated goods generated at the location. The second margin is the scale of local production of differentiated goods and promotes an empirical relationship. The empirical relationship that holds for certain industries is a convexity in the association between population and production.
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Article Abstract:
Empirical analysis of economic growth depends greatly on changes in 'implemented technology.' Along with incentives, constraints and political environment, technology has a strong effect on productivity. Capital accumulation is connected with implementation of new technology, and growth is reduced by policies that lower incentives. Developing countries can grow faster through the implementation of available technology.
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Article Abstract:
Canadian and US productivity growth are compared using definitions and measures that are nearly identical.
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