relative Prices and Uneven Growth
AbstractBaumol has argued that the problem experienced by cities in providing metropolitan services might be the product of an uneven growth process. Slow growth sectors, he argues, could experience increased real costs and, unless demand for their services is highly inelastic, their outputs coudl decline severely. The present paper looks at these issues in a framework which allows explicity both for demand, for examination of the sources of productivity growth and for substitution between productive factors.
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Bibliographic InfoPaper provided by Australian National University - Department of Economics in its series Papers with number 299.
Length: 15 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: THE AUSTRALIAN NATIONAL UNIVERSITY, DEPARTMENT OF ECONOMICS, RESEARCH SCHOOL of PACIFIC STUDIES, RESEARCH SCHOOL OF SOCIAL SCIENCES, G.P.O. 4, CANBERRA ACT 2601 AUSTRALIA..O. BOX 4 CANBERRA 2601 AUSTRALIA.
Web page: http://economics.anu.edu.au/economics.htm
More information through EDIRC
CITIES; PRODUCTIVITY; DEMAND; ECONOMIC GROWTH;
Find related papers by JEL classification:
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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