Geography and Growth - some Empirical Evidence

Per Botolf Maurseth

Nordic Journal of Political Economy, 2003, vol. 29, 25-46

Abstract: Income in the world does not distribute randomly in space. There are geographic clusters of rich and poor countries. Also growth rates tend to be spatially clustered. Spatial regression analyses indicate that geographical clustering may be an inherent ingredient in growth mechanisms: Growth in one country stimulates growth in surrounding countries. A simple exogenous growth model with technology diffusion through trade in capital goods can account for some, but not all of these empirical patterns of growth and income distribution.

JEL-codes: F10 F43 O4 O47 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:noj:journl:v:29:y:2003:p:25-46

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