EconStor >
European Investment Bank (EIB), Luxembourg >
EIB Papers, European Investment Bank (EIB) >

Please use this identifier to cite or link to this item:

Full metadata record

DC FieldValueLanguage
dc.contributor.authorQuah, Dannyen_US
dc.identifier.citationEIB Papers 0257-7755 6 2001 1 85-100en_US
dc.description.abstractMany observers suspect economic growth to be inextricably associated with inequality: growth alone need not bring about unalloyed, uncontroversial increases in economic well-being because rising average income levels might come together with increasing disparities between rich and poor. Prominent theories on the sources of economic growth reinforce these concerns. Theories that especially do so are those that relate growth to increasing returns - where the more production occurs, the greater is productive efficiency - and to technological progress - where advances in science and knowledge are what drive economic growth (e.g., Aghion and Howitt, 1998; Grossman and Helpman, 1991; Romer, 1986, 1990). Versions of these theories imply a path dependence, where success breeds further success - those already rich or technologically advanced become more so; while those poor, similarly, become progressively poorer (Durlauf, 1993). Put another way, economic growth inevitably brings greater inequality.en_US
dc.subject.stwRegionales Wachstumen_US
dc.titleICT clusters in development: Theory and evidenceen_US
Appears in Collections:EIB Papers, European Investment Bank (EIB)

Files in This Item:
File Description SizeFormat
33074271X.pdf719.27 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.