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Is there convergence of Russia's regions? : exploring the empirical evidence : 1995-2010
Lehmann, Hartmut; Silvagni, Maria Giulia - 2013
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10011730869
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On the relevance of exports for regional output growth in China
Dreger, Christian; Zhang, Yanqun - 2013
Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...
Persistent link: https://www.econbiz.de/10009688451
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The contribution of universities to growth : empirical evidence for Italy
Carree, Martin Anthony; Della Malva, Antonio; … - 2011 - Version: October 21, 2011
New entrepreneurial ventures may represent a viable and effective mechanism to transform academic knowledge into regional economic growth. We test this notion for the Italian provinces between 2001 and 2006. We evaluate three outputs of academic activities: teaching, research and Intellectual...
Persistent link: https://www.econbiz.de/10011735131
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The long persistence of regional entrepreneurship culture : Germany 1925 - 2005
Fritsch, Michael; Wyrwich, Michael - 2012
We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80...
Persistent link: https://www.econbiz.de/10009579325
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Incentive effects of fiscal equalization : has Russian style improved?
Frejnkman, Lev M.; Cholodilin, Konstantin Arkadʹevič; … - 2009
The effects of inter-government fiscal arrangements on variation in regional economic growth are analyzed for Russia, a country with large cross-regional differences and considerable fiscal redistribution. Moreover, fiscal reforms implemented in the first half of 2000s, which followed to some...
Persistent link: https://www.econbiz.de/10003863070
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Testing for panel cointegration using common correlated effects estimators
Banerjee, Anindya; Carrion i Silvestre, Josep Lluís - 2017
Spurious regression analysis in panel data when the time series are cross-section dependent is analyzed in the paper. We show that consistent estimation of the long-run average parameter is possible once we control for cross-section dependence using cross-section averages in the spirit of the...
Persistent link: https://www.econbiz.de/10012010208
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Short-run regional forecasts : spatial models through varying cross-sectional and temporal dimensions
Mayor-Fernández, Matías; Patuelli, Roberto - 2012
In any economic analysis, regions or municipalities should not be regarded as isolated spatial units, but rather as highly interrelated small open economies. These spatial interrelations must be considered also when the aim is to forecast economic variables. For example, policy makers need...
Persistent link: https://www.econbiz.de/10011731365
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Regional spillovers in financial dollarization
Neanidis, Kyriakos C.; Savva, Christos S. - 2018
Persistent link: https://www.econbiz.de/10011897701
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Revealing incentives for vertical integration in the presence of glocal policies
Giannoccolo, Pierpaolo; Vergari, Cecilia - 2015
Local and regional policy makers are acquiring an increasingly active role in affecting firms' specialization decisions that in turn influence firms' vertical organization. We analyse the relation between vertical integration incentives and trade liberalization in the presence of glocal...
Persistent link: https://www.econbiz.de/10011714316
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Does fiscal decentralisation foster regional investment in productive infrastructure?
Kappeler, Andreas; Solé-Ollé, Albert; Stephan, Andreas; … - 2012
The aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European...
Persistent link: https://www.econbiz.de/10009579228