Toward a Microeconomics of Growth

Toward a Microeconomics of Growth

What drives growth at the microeconomic level? The authors divide the factors that determine a location's growth performance into two groups, "1st advantage" and "2nd advantage." The term 1st advantage refers to the condit...

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Bibliographic Details
Main Authors:	Burgess, Robin, Venables, Anthony J.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, D.C. 2013
Subjects:	AGRICULTURAL PRODUCTIVITY AGRICULTURE ALTERNATIVE USE AVERAGE PERFORMANCE BUSINESS ENVIRONMENT BUSINESS SECTOR CAPITAL GOODS CIVIL LAW COMMON LAW COMPARATIVE ADVANTAGE CONSUMERS CONTRACT ENFORCEMENT CORRUPTION COUNTRY DATA COUNTRY REGRESSIONS COUNTRY SIZE DEBT DECENTRALIZATION DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT INDICATORS DIMINISHING RETURNS DISECONOMIES DIVISION OF LABOR ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC HISTORY ECONOMIC PERFORMANCE ECONOMIC THEORIES ECONOMICS LITERATURE ECONOMIES OF SCALE ECONOMISTS EDUCATIONAL ATTAINMENT EMPIRICAL EVIDENCE EMPIRICAL LITERATURE EMPIRICAL WORK EMPLOYMENT EQUILIBRIUM EXCESS SUPPLY EXPENDITURES EXPLANATORY VARIABLES EXPORTS EXTERNALITIES EXTERNALITY FACTOR ENDOWMENTS FINANCIAL DEVELOPMENT FINANCIAL MARKETS GDP GOVERNMENT REGULATION GOVERNMENT REGULATIONS GROWTH PATH GROWTH PERFORMANCE GROWTH PROCESS GROWTH REGRESSIONS HOUSEHOLD DATA HUMAN CAPITAL IMPORT LIBERALIZATION INCOME INCOME GROWTH INCOME INEQUALITY INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIAL SECTOR INSTITUTIONAL ENVIRONMENT INTERMEDIATE INPUTS INVESTMENT CLIMATE JUDICIAL DECISIONS LABOR FORCE LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LABOR SUPPLY LAND REFORM LANDLOCKED COUNTRIES LOCAL COMMUNITIES LOW-INCOME COUNTRIES MARGINAL PRODUCT MARKET FAILURES MEASUREMENT ERROR MEASUREMENT ERRORS MICRO DATA MICROECONOMICS NATIONAL LEVEL NEGATIVE IMPACT OPPORTUNITY COST PER CAPITA INCOME PER CAPITA INCOMES POLICY MAKERS POLICY RESEARCH PRIMARY SCHOOL PRIVATE SECTOR PRODUCERS PRODUCTION COSTS PROPERTY RIGHTS RAPID GROWTH REGULATORY INSTITUTIONS RETURNS TO SCALE SECURITIES SKILLED WORKERS SOCIAL GROUPS SPILLOVERS STRUCTURAL CHANGE TRADE BARRIERS TRADE POLICY TRADE VOLUMES UNEMPLOYMENT UNOFFICIAL ECONOMY URBAN WORKERS URBANIZATION VALUE OF OUTPUT GROWTH DEVELOPMENT STRUCTURAL ADJUSTMENT CLUSTER ANALYSIS LABOR ECONOMICS PRODUCTIVE CAPITAL EMPIRICAL ANALYSIS SUBNATIONAL EFFECTS MANUFACTURING
Online Access:	http://documents.worldbank.org/curated/en/2004/04/3335352/toward-microeconomics-growth http://hdl.handle.net/10986/14750

Internet

http://documents.worldbank.org/curated/en/2004/04/3335352/toward-microeconomics-growth
http://hdl.handle.net/10986/14750

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