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Decentralization, social capital and regional convergence

Mauro, Luciano; Pigliaru, Francesco - 2013

By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...

Persistent link: https://www.econbiz.de/10009757366

How fast are the tourism countries growing? : the cross-country evidence

Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - 2003

Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of 143 countries, observed during the period 1980-95....

Persistent link: https://www.econbiz.de/10011592920

Is temperature adversely related to economic growth? : evidence on the short-run and the long-run links from sub-national data

Meierrieks, Daniel; Stadelmann, David - 2021

We investigate the effect of rising temperatures on economic development, using sub-national data for approximately 1,500 sub-national regions in 81 countries from the 1950s to the 2010s. Accounting for region- and time-fixed factors by means of a two-way fixed effects panel approach, we find no...

Persistent link: https://www.econbiz.de/10012660336

European Union cohesion project characteristics and regional economic growth

Darvas, Zsolt M.; Mazza, Jan; Midões, Catarina - 2021

Due to problems with existing methodologies that aim to identify the causal impact of European Union cohesion policy on economic growth, we adopted a novel methodology. We first estimated 'unexplained economic growth' by controlling for the influence of various region-specific factors, and then...

Persistent link: https://www.econbiz.de/10012433816

On the water-energy-food nexus: is there multivariate convergence?

Bollino, Carlo Andrea; Galeotti, Marzio - 2021

This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … multivariate sigma and beta-convergence. The results reveal that there is evidence of sigma- absolute beta- and conditional beta-convergence … impact of each variable on the others in the analyzed countries. The speed of convergence is simulated to assess when the …

Persistent link: https://www.econbiz.de/10012487810

Do higher public debt levels reduce economic growth?

Heimberger, Philipp - 2021

While the effect of higher public debt levels on economic growth has received much attention, the literature partly points to contradictory results. This paper applies meta-regression methods to 826 estimates from 48 primary studies. The unweighted mean of the reported results suggests: a 10...

Persistent link: https://www.econbiz.de/10012665220

Impact of climate change on economic growth : a case study of India

Sandhani, Medhavi; Pattanayak, Anubhab; Kumar, K. S. Kavi - 2020

Persistent link: https://www.econbiz.de/10013471109

Debt Policy and Economic Growth in a Small Open Economy Model with Productive Government Spending

Futagami, Koichi - 2010

In this paper, we examine the effects of introducing constraints on government borrowing using a continuous-time overlapping generations model of a small open economy. We consider government placing constraints on the amount of government bonds outstanding by establishing an upper limit, or...

Persistent link: https://www.econbiz.de/10013144794

Publish and perish : creative destruction and macroeconomic theory

Chatelain, Jean-Bernard; Ralf, Kirsten - 2018

Persistent link: https://www.econbiz.de/10011995427

Remoteness and unbalanced growth : understanding divergence across Indian districts

Das, Samarjit; Ghate, Chetan; Robertson, Peter E. - 2013

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …

Persistent link: https://www.econbiz.de/10010208649