Similar Search Results

Spatio-temporal Analysis of Regional Systems: A Multiregional Spatial Vector Autoregressive Model for Spain

Ramajo, Julian; Marquez, Miguel A.; Hewings, Geoffrey J.D. - 2013

This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...

Persistent link: https://www.econbiz.de/10011397302

Regional Airport Expansion: Expansions of Regional Airports and their Effect on the Local Economy

Breidenbach, Philipp - 2015

This paper exploits the deregulation of the European aviation market as a quasi-natural experiment to examine if the expansion of regional airports in Germany caused positive spillover effects on the surrounding economy. Such spillovers might justify the heavy subsidies which are transferred to...

Persistent link: https://www.econbiz.de/10011400601

Integration, Regional Specialization and Growth Differentials in EU Acceding Countries: Evidence from Hungary

Iara, Anna; Traistaru, Iulia - 2004

This paper investigates the impact of market integration on regional production structures and regional growth differentials in Hungary over the period 1994-2000. Our analysis indicates a relocation of manufacturing towards border regions, in particular towards regions bordering the European...

Persistent link: https://www.econbiz.de/10011318887

Municipal fragmentation and economic performance in OECD TL2 regions

Bartolini, David - 2015

The present work looks at the relationship between institutional structure and economic performance at the regional level. The work focuses on one particular aspect, the number of municipalities in a given region (municipal fragmentation) and the impact on regional development measured as GDP...

Persistent link: https://www.econbiz.de/10011400503

The effects of knowledge and innovation on regional growth: Nonparametric evidence

Sanso-Navarro, Marcos; Vera-Cabello, Maria - 2015

This paper deals with the relationship between knowledge, innovation and regional growth. The study is carried out through the application of nonparametric estimation methods to European data at NUTS2 level. We provide evidence that the share of innovative ...firms plays a more relevant role in...

Persistent link: https://www.econbiz.de/10011400566

Regional disparities in the European Union: Convergence and Agglomeration

Geppert, Kurt; Happich, Michael; Stephan, Andreas - 2004

research. One of the “stylised facts” from the empirical literature is that the process of absolute convergence observed for … whether there are overlapping trends of regional development, in particular, overall convergence on the one hand and … and dynamic panel estimation, provide evidence that regional convergence in the EU15 has become stronger in the 1990s. At …

Persistent link: https://www.econbiz.de/10011318841

Optimal Monetary Policy Responses to the Financial Crisis in the Context of a Macroeconomic Agent-Based Model with Dynamic Expectations

Haber, Gottfried - 2010

Within the context of an agent-based macroeconomic model with dynamic bounded-rational expectations, the most important transmission links between the real sphere of the European economy and the US financial markets crises are simulated: (a) the devaluation of financial assets, (b) global...

Persistent link: https://www.econbiz.de/10010270136

Does austerity pay off?

Born, Benjamin; Müller, Gernot; Pfeifer, Johannes - 2014

Austerity measures are frequently enacted when the sustainability of public finances is in doubt. Such doubts are reflected in high sovereign yield spreads and put further strain on government finances. Is austerity successful in restoring market confidence, bringing about a reduction in yield...

Persistent link: https://www.econbiz.de/10010396816