Showing 1 - 10 of 303
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …
Persistent link: https://www.econbiz.de/10011084166
This paper examines the club-convergence and conditional convergence of economic growth of the major 15 states in India … club-convergence within the middle income states. There is also evidence of the convergence of per capita income among …
Persistent link: https://www.econbiz.de/10010782135
We apply spatial econometric techniques to models of state and local fiscal policy convergence. Our work extends the … work of Scully and Annala in much the same way that Rey and Montouri extended the literature on income convergence among U …
Persistent link: https://www.econbiz.de/10011135572
studies finding little regional convergence since 1985, social cohesion has been virtually ignored. This article tries to … cover this gap by asking the question of whether regional convergence in social welfare, measured by Amartya Sen’s welfare … find that the absence of convergence in GDP per capita is not matched in terms of social welfare. Welfare levels have …
Persistent link: https://www.econbiz.de/10011139338
that sensitive to regional asymmetric shocks at the business cycle horizon. Finally, using a conditional convergence model …
Persistent link: https://www.econbiz.de/10010774968
author uses an interregional convergence framework to identify the changing determinants of the growth of U.S. states in the … investigated. The analysis relies on spatial regression analysis to estimate the speed of convergence and identify significant … conditional variables and their relationships with growth. Absolute and conditional GSP interstate convergence has occurred. The …
Persistent link: https://www.econbiz.de/10011144570
This article reviews where we have come from and where we are going in research on regional growth and development. Our object of study is the region, an imprecise term that has been taken to mean areas as large as small countries or as small as urban regions, although how regions are defined...
Persistent link: https://www.econbiz.de/10005759943
This paper develops an endogenous growth model in which the government finances its public investment using both income taxation and seigniorage. Arguments presented in this paper show that public investment financed by seigniorage gradually pulls up the growth rate of consumption and overshoots...
Persistent link: https://www.econbiz.de/10005823480
This paper looks at the experience of South East Europe which -- for the purposes of this paper -- includes the former states of Yugoslavia except for Slovenia (i.e. Croatia, Serbia-Montenegro, Bosnia-Herzegovina, and Macedonia), Albania, and the two EU candidate countries, Bulgaria and Romania....
Persistent link: https://www.econbiz.de/10009649586
investment (FDI). Beta and Sigma approaches to convergence are applied to prove the absence of gaps reduction in the area, and …. Persistency matrix and fuzzy clustering methods are then applied to verify the composition and stability in time of “convergence …
Persistent link: https://www.econbiz.de/10010878168