urbanization agglomeration that is named jacobs externalities, refers to the role of economic diversification in urban. localization agglomeration, marshal-arrow-romer (mar) externalities, is related to the concentration of firms activated in a special industry within a specified place. the purpose of this research is to explore the impact of different types of agglomeration economies on employ...

abstract:we define as south asian countries those countries that start with iran and end with bangladesh in asia. wethen use export statistics in terms of revealed comparative advantage (rca) for 14 industrial sectors tomeasure distances of export capabilities for these countries in relation to the “western” developed and eastasian countries. statistical methods such as multidimensional sca...

although economists and entrepreneurs had been aware of the impact of economies of scale on average cost, no comprehensive theory was introduced until 1950s. economies of scale is used by economist as a practical measure for evaluating the extent of competition (monopoly) in real markets. there are two primary aims of this paper: 1) to introduce theoretical aspects of economies of scale, 2) to ...

Article history: Received 21 September 2008 Received in revised form 15 February 2009 Accepted 25 March 2009 Available online 7 April 2009 A new measure of factor intensity and abundance from trade theory is utilized to predict potential trade and income redistribution between traditional and modern economies in the Gulf Cooperation Council. Differences in labor skill intensity and abundance su...

This paper deals with the problem of incentive mechanism design in non-convex production economies when production sets and preferences both are unknown to the designer. We consider Nash-implementation of loss-free, average cost, marginal cost, voluntary trading, and quantity-taking pricing equilibrium allocations in economies involving increasing returns to scale or more general types of non-c...

An unresolved debate in the development literature concerns the impact of gender inequality on economic growth. Previous studies have found that the effect varies, depending on the measure of inequality (wages or capabilities). This paper expands that discussion by considering both the shortand long-run, evaluating the effects of gender equality in two types of economies—semi-industrialized eco...

In smooth exchange economies with a continuum of agents, any Walrasian mechanism is Pareto efficient, individually rational, anonymous, and strategy-proof. Barberà and Jackson’s recent results imply that no such efficient mechanism is the limit of resource-balanced, individually rational, anonymous and non-bossy strategy-proof allocation mechanisms for an expanding sequence of finite economies....

We characterize the Pareto correspondence, the core and the Walras solution using the axioms of consistency, converse consistency and one-person rationality. Consistency and its converse are defined with respect to suitably constructed reduced economies for each case. Our results hold for the well-known class of coalitional production economies, which covers exchange economies as a particular c...

An unresolved debate in the development literature concerns the impact of gender inequality on economic growth. Previous studies have found that the effect varies, depending on the measure of inequality (wages or capabilities). This paper expands that discussion by considering both the shortand long-run, evaluating the effects of gender equality in two types of economies—semi-industrialized eco...

The main goal of the present paper is to analyze the effects of currency collapses (a large devaluation of country’s nominal exchange rate) on real gross domestic products of six Asian countries (Iran, Indonesia, Malaysia, Pakistan, South Korea, and Turkey). A yearly data is collected from the WDI of the World Bank over the period 1980-2011. The econometric model includes the real GDP growt...