Skip to content
NUPI skole

Report

Published:

Geography and growth - some empirical evidence

Written by

Per Botolf Maurseth
Former employee

Ed.

Summary:

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.

Themes

  • International economics

Written by

Per Botolf Maurseth
Former employee