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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
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
This paper analyses the effects of the EU Cohesion Policy (CP) on the economic growth of 276 European NUTS-2 regions between 2008 and 2016. Using a structural equation model (SEM) consisting of both a measurement component (with two latent variables) and a structural component, we estimate the...
Persistent link: https://www.econbiz.de/10012264978
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
-run convergence and short-run economic performance. …
Persistent link: https://www.econbiz.de/10012264955
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
Persistent link: https://www.econbiz.de/10013471109
In December 2013 a new electricity law was approved in Spain as part of an electricity market reform including a new remuneration scheme for distribution companies. This remuneration scheme was updated in December 2019 and the new regulatory framework introduced a series of relevant...
Persistent link: https://www.econbiz.de/10012255104
We estimate the relationship between urban spatial expansion and its socio-economic determinants in Lombardy, the most urbanised region of Italy (and one of the most urbanized of the European Union), at the municipality level. Test results suggest that this relationship varies significantly...
Persistent link: https://www.econbiz.de/10011599265
This paper investigates spatial dependence of FDI knowledge spillovers in manufacturing and services using spatial panel techniques applied to the 2006-2014 Bureau Van Dijk's Amadeus firm-level dataset for Croatia and Slovenia. The paper finds diverse results across the two sectors. The distance...
Persistent link: https://www.econbiz.de/10014227905