Increasing Returns and Spatial Unemployment Disparities

Tabriz Intra-urban Spatial Disparities

To achieve sustainable urban development and values from social justice; it is essential that all citizens enjoy resources, facilities and life opportunities equally. Due to lack of a stable or systematic approach of measuring urban problems, disparity in environmental conditions or access to social and physical infrastructures is more obvious, especially in the cities of developing countries. ...

Unemployment and Small Cap Returns: The Nexus

In other work (Moscarini and Postel-Vinay, 2008, 2009a), we find a distinct cyclical pattern of the relative performance of large and small businesses in terms of net job creation. Large employers destroy proportionally more jobs during and right after recessions, and create proportionally more jobs late in expansions, relative to small employers. Differential size growth between small and larg...

Increasing Returns and Economic Efficiency

This paper argues that, from the viewpoint of Pareto optimality, the industries with increasing returns are under-expanded relative to those without increasing returns and those with higher degrees of increasing returns are under-expanded relative to those with lower degrees. Ignoring administrative and indirect (such as rent-seeking) costs, subsidies on goods produced under conditions of (high...

Planning, Prices and Increasing Returns

Equity, Efficiency and Increasing Returns