Centrality of knowledge-based industries (KBI) in the economy of metropolitan areas leads to the transformation of their labour markets and promotion of new forms of urban growth, because of creation of KBI specialized ...

The Latin American and Caribbean region will remember 1998 as one of the most problematic years of recent times. The severe effects of the international financial crisis that broke out in Asia in mid-1997 restricted the ...

Population, natural resources and domestic market size have been the traditional components of the equation determining the wealth of nations, according to classical economists. The new lines of research opened up by ...

This paper presents an economic growth model based on the positive externalities generated by the accumulations of physical and human capital. Such externalities imply, at the macroeconomic level, increasing returns to ...

Accumulation of indigenous innovative capabilities in firms in developing economies ('latecomer firms') may contribute to sustainable industrial development. To enhance understanding of capability accumulation processes ...

Dynamic Stochastic General Equilibrium (DSGE) models have become thestandard framework for quantitative macroeconomic analysis in the world. Naturally,there is now a growing literature on DSGE models designed to study ...