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The convergence hypothesis is a popular tenet in modern discussions in macroeconomics and regional economics. It … returns to scale. Following this theoretical framework a number of empirical tests (σ or unconditional β or conditional β-convergence …) has been developed. This paper tests unconditional and conditional β-convergence for the Greek economy. Three issues are …
Persistent link: https://www.econbiz.de/10008645064
human capital in the conditional productivity convergence in the economic sectors of NUTs III of mainland Portugal between …
Persistent link: https://www.econbiz.de/10009246899
of this paper is, also, to present a further contribution, with panel data, to the analysis of absolute convergence … at regional level (from 1995 to 1999). The structural variables used in the analysis of conditional convergence is the …
Persistent link: https://www.econbiz.de/10009251533
convergence, associated with the neoclassical theory, of the sectoral productivity at regional level. …
Persistent link: https://www.econbiz.de/10009277273
This paper studies the effects of allowing for heterogeneous slope coefficients in the Mankiw, Romer and Weil (1992) model, based on panel data for 193 EU-15 regions from 1980 to 2005. We first estimate the model using conventional pooled panel data estimators, based on data at five-year...
Persistent link: https://www.econbiz.de/10011110458
convergence in human capital endowments and confirms the influence of these on the determination of the per capita income of the …
Persistent link: https://www.econbiz.de/10008566428
This paper provides an overview of methodologies used to analyze inter-regional income inequality, and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10008549635
This paper focuses on three (marginal?) questions surrounding the analysis of economic convergence and uses Spanish … analysis are usually quite different in economic size, is the weighting of economic units relevant in convergence analysis? (ii …
Persistent link: https://www.econbiz.de/10005036844
Regional development and remission of regional disparities belong to the most discussed topics in the European Union. The urgency of solving this question proves the fact, that regional development is one of the key issues of regional policy in the EU. Enormous are especially disparities among...
Persistent link: https://www.econbiz.de/10005621504
In this note we show that the claim from Chen et al (2005) that their model generates an endogenous markup is incorrect. This is not only a nomenclature issue: using the �fixed markup which we show to be the only one consistent with the structure of the model implies the main conclusions in...
Persistent link: https://www.econbiz.de/10005836681