Narrow search
Showing 1 - 10 of 80
Cover Image
Testing the convergence hypothesis for OECD countries : a reappraisal
Gadea, María Dolores; Sanz-Villarroya, Isabel - 2016
This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses … OECD countries, there are different clusters. The parameter representing the convergence hypothesis, despite being negative … convergence between the countries that belong to the upper quantiles. Moreover, 1960-1970 is highlighted as the period in which …
Persistent link: https://www.econbiz.de/10011558657
Cover Image
Does fiscal consolidation hurt economic growth? : empirical evidence from Spanish regions
Lago Peñas, Santiago; Vaquero-Garcia, Alberto; … - 2019
This article provides empirical evidence on the effect of fiscal consolidation in decentralized countries. The focus on Spain is justified for three reasons. First, it is one of the OECD countries that has been the most affected by the Great Recession in terms of both GDP and public deficit....
Persistent link: https://www.econbiz.de/10012001810
Cover Image
Fiscal policy and structural transformation in developing economies
Skott, Peter - 2020
Developing economies with high levels of open or hidden unemployment face structural transformation problems. Unlike in mature economies there are no structural aggregate demand problems, and sustained aggregate demand stimulus can lead to a profit squeeze in the modern sector and...
Persistent link: https://www.econbiz.de/10012262305
Cover Image
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
Cover Image
Regional spillovers in financial dollarization
Neanidis, Kyriakos C.; Savva, Christos S. - 2018
Persistent link: https://www.econbiz.de/10011897701
Cover Image
Fungibility and bandwagon effects of capital transfers in a federal context
Vallés Giménez, Jaime; Zárate Marco, Anabel - 2017
The authors quantify the fungibility effect or diversion of resources towards purposes other than investment, by regions receiving conditional capital transfers. To identify this behaviour, they have taken different empirical approaches with frontier techniques that let them quantify whether the...
Persistent link: https://www.econbiz.de/10011691289
Cover Image
Polarization, growth and social policy in the case of Israel, 1997 - 2008
García-Fernándeza, Rosa María; Gottlieb, Daniel; … - 2012
In this paper we apply two statistical models to the measurement of polarization to Israeli income data over the past decade in order to empirically detect income classes as sub-populations of incomes concentrated around an optimal number of poles. The statistical models compared are a...
Persistent link: https://www.econbiz.de/10009632195
Cover Image
Public investment and economic activity in Mexico, 1925-1981
Fonseca, Felipe; Gómez-Zaldívar, Manuel; … - 2019
Mexican economic historiography recognizes the key role that public investment played in the country's economic performance from the post-revolutionary period until the beginning of the economic liberalization that began in the mid-1980s. However, there is no concrete empirical evidence that...
Persistent link: https://www.econbiz.de/10011990903
Cover Image
Fiscal decentralisation and regional development in transition countries
Jackson, Marvin - 2001
Persistent link: https://www.econbiz.de/10001666423
Cover Image
The impact of Bank and Non-Bank financial institutions on local economic growth in China
Cheng, Xiaoqiang (contributor); Degryse, Hans (contributor) - 2006
Persistent link: https://www.econbiz.de/10003386416