Location and the Growth of Nations

被引:9
作者
Moreno R. [1 ]
Trehan B. [1 ]
机构
[1] Fed. Reserve Bank of San Francisco, Economic Research Division, San Francisco, CA 94105
关键词
Growth; International spillovers; Openness; Spatial economics;
D O I
10.1023/A:1009741426524
中图分类号
学科分类号
摘要
Does a country's long-term growth depend on what happens in countries that are nearby? Such linkages could occur for a variety of reasons, including demand and technology spillovers. We present a series of tests to determine the existence of such relationships and the forms that they might take. We find that a country's growth rate is closely related to that of nearby countries and show that this correlation reflects more than the existence of common shocks. Trade alone does not appear responsible for these linkages either. In addition, we find that being near a large market contributes to growth.
引用
收藏
页码:399 / 418
页数:19
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