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Over the last century, the urban spatial structure of cities has transformed dramatically from the traditional monocentric configuration to varying forms of decentralized organization. This paper reviews the theory and empirical evidence to understand the urban morphology of jobs and land use within a city. This survey highlights four broad insights: (i) The evolution of monocentric to polycentric centers has been accompanied by structural changes in the city. (ii) The internal geography of a city is an outcome of the trade-off between the pull from agglomeration economies and the push from congestion. (iii) The presence of externalities implies that the equilibrium spatial organization achieved by profit-maximizing firms may not necessarily be optimal. This justifies the role of public policy in addressing the associated market failures. (iv) The productive edge and competitiveness of a city can be enhanced by introducing policies that increase the overall connectivity to take advantage of economic opportunities across the metropolitan area. The survey also puts together a wide range of policy instruments that are useful in closing the gap between equilibrium urban spatial structure and the optimal outcome.

Agglomeration --- Communities & human settlements --- Environment --- Environmental economics & policies --- Land use regulations --- Monocentric --- National urban development policies & strategies --- Polycentric --- Spatial --- Transport --- Transport economics policy and planning --- Urban development --- Urban housing and land settlements --- Urban slums upgrading

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The past two decades have seen exciting changes with developing countries emerging as exporters of services. Technological developments now make it easier to trade services across borders. But other avenues are being exploited: tourists visit not just to sightsee but also to be treated and educated, service providers move abroad under innovative new schemes, and some developing countries defy traditional notions by investing abroad in services.""Exporting Services: A Developing Country Perspective"" takes a brave approach, combining exploratory econometric analysis with detailed case studies

Service industries --- Foreign trade regulation. --- Free trade. --- Developing countries --- Commerce. --- Free trade and protection --- Trade, Free --- Trade liberalization --- Export and import controls --- Foreign trade control --- Foreign trade regulation --- Import and export controls --- International trade --- International trade control --- International trade regulation --- Prohibited exports and imports --- Law and legislation --- Trade regulation

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We investigate the impact of the Golden Quadrilateral (GQ) highway project on the Indian organized manufacturing sector using enterprise data. The GQ project upgraded the quality and width of 5,846 km of roads in India. We use a difference-in-difference estimation strategy to compare non-nodal districts based upon their distance from the highway system. We find several positive effects for non-nodal districts located 0-10 km from GQ that are not present in districts 10-50 km away, most notably higher entry rates and increases in plant productivity. These results are not present for districts located on another major highway system, the North-South East-West corridor (NS-EW). Improvements for portions of the NS-EW system were planned to occur at the same time as GQ but were subsequently delayed. Additional tests show that the GQ project's effect operates in part through a stronger sorting of land-intensive industries from nodal districts to non-nodal districts located on the GQ network. The GQ upgrades further helped spread economic activity to moderate-density districts and intermediate cities.

Zonder onderwerpscode: economie

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Growing research and policy interest focuses on the misallocation of output and factors of production in developing economies. This paper considers the possible misallocation of financial loans. Using plant-level data on the organized and unorganized sectors, the paper describes the temporal, geographic, and industry distributions of financial loans. The focus of the analysis is the hypothesis that land misallocation might be an important determinant of financial misallocation (for example, because of the role of land as collateral against loans). Using district-industry variations, the analysis finds evidence to support this hypothesis, although it does not find a total reduction in the intensity of financial loans or those being given to new entrants. The analysis also considers differences by gender of business owners and workers in firms. Although potential early gaps for businesses with substantial female employment have disappeared in the organized sector, a sizeable and persistent gap remains in the unorganized sector.

Access to banking --- Access to credit --- Access to external finance --- Access to finance --- Access to financial services --- Access to formal credit --- Access to formal finance --- Access to loans --- Asymmetric information --- Bank branches --- Bank credit --- Bank financing --- Bank loan --- Bank loans --- Banking --- Banking services --- Banks --- Banks and banking reform --- Biases --- Borrower --- Borrowers --- Borrowing --- Business owners --- Business plans --- Capital --- Co-operative banks --- Collateral --- Collateral requirements --- Collateral support --- Commercial banks --- Cost of capital --- Credit --- Credit bureaus --- Credit information --- Credit market --- Credit markets --- Credit policy --- Credit registries --- Credit risk --- Credit support --- Credit-worthiness --- Creditworthiness --- Debt collectors --- Debt markets --- Directed credit --- Disparities in access --- Econometrics --- Economic activity --- Economic growth --- Economic policy --- Economics --- Employment --- Enterprise --- Enterprise development --- Entrepreneur --- Entrepreneurs --- Entrepreneurship --- Equity --- Exclusion --- External finance --- External financing --- Finance and financial sector development --- Financial access --- Financial deepening --- Financial depth --- Financial development --- Financial institutions --- Financial integration --- Financial markets --- Financial sector --- Financial sector development --- Financial services --- Financial strength --- Financing --- Fixed assets --- Formal credit --- Formal finance --- Gender --- Gender inequality --- Government policy --- Governments --- Guarantee --- Households --- Housing --- Human capital --- Inequality --- Information sharing --- Infrastructure --- Intangible assets --- Interest expense --- Interest payment --- Interest rate --- Investment --- Issue of access --- Job creation --- Labor --- Labor market --- Labor markets --- Lack of collateral --- Land markets --- Lenders --- Lending --- Liberalization --- Loan --- Loan access --- Loan demand --- Loans --- Macroeconomics --- Marginal revenue --- Market value --- Markets --- Micro enterprises --- Micro-credit --- Micro-enterprises --- Micro-entrepreneurs --- Micro-finance --- Micro-finance institutions --- Microfinance --- Monetary policy --- Money lenders --- Net value --- Outreach --- Outstanding loan --- Outstanding loans --- Overdraft --- Personal assets --- Private enterprise --- Private enterprises --- Profitability --- Property --- Real estate --- Repossession --- Reserve bank of india --- Resource allocation --- Revenue --- Risk --- Risk perception --- Rural bank --- Rural bank branches --- Services --- Sizes of loan --- Small business --- Small business owners --- Small businesses --- Strategies --- Tangible assets --- Taxes --- Trade credit --- Trade credits --- Transport --- Union --- Urban areas --- Value --- Villages --- Water & industry --- Water resources --- Water supply --- Working capital

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"The infrastructure gap is one of the most significant impediments to India realizing its growth and poverty reduction potential. Although India's transport network is one of the most extensive in the world, accessibility and connectivity are limited. Only 20 percent of the national highway network (which carries 40 percent of traffic) is four-lane and one-fourth of the rural population does not have access to an all-weather road. It is estimated that the transport sector alone will require an investment of nearly US$500 billion over the next 10 years. This paper investigates the impact of the Golden Quadrilateral highway project on the Indian organized manufacturing sector using enterprise data. The Golden Quadrilateral project upgraded the quality and width of 5,846 km of roads in India. The analysis uses a difference-in-difference estimation strategy to compare non-nodal districts based on their distance from the highway system. It finds several positive effects for non-nodal districts located 0-10 km from the Golden Quadrilateral that are not present in districts 10-50 km away, most notably higher entry rates and increases in plant productivity. These results are not present for districts located on another major highway system, the North-South East-West corridor. Improvements for portions of the North-South East-West corridor system were planned to occur at the same time as the Golden Quadrilateral but were subsequently delayed. Additional tests show that the Golden Quadrilateral project's effect operates in part through a stronger sorting of land-intensive industries from nodal districts to non-nodal districts located on the Golden Quadrilateral network. The Golden Quadrilateral upgrades further helped spread economic activity to moderate-density districts and intermediate size cities"--Abstract.

Roads --- Economic aspects.