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convergence rate across the U.S. is about 7 percent per year – higher than the 2 percent normally found with OLS in cross …-country, U.S. state, and European region samples. Estimated convergence rates for 32 individual states are above 2 percent with … an average of 8.1 percent. For 29 states the convergence rate is above 2 percent with 95 percent confidence. For seven …
Persistent link: https://www.econbiz.de/10005118829
This paper aims to determine whether there is any convergence at all between the economic activities of the Colombian … Cundinamarca and Antioquia examples of outstanding performance. This way, it is concluded that there is convergence between the … Colombian municipalities for the period analyzed, reaching an approximate convergence speed of 3.34% per annum. …
Persistent link: https://www.econbiz.de/10011258663
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial …
Persistent link: https://www.econbiz.de/10010985102
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial …
Persistent link: https://www.econbiz.de/10010295468
preferential policies. The neoclassical hypothesis of convergence is also tested. Indications of unconditional convergence does … occur during the periods 1985-2000 and 1985-1990. In addition, conditional convergence is found during the sub-period 1990 …
Persistent link: https://www.econbiz.de/10005424027
The study of regional income convergence continues to attract enormous attention. Recent emphasis has been placed on … a comprehensive overview of empirical studies of regional convergence and divergence, summarizing the existing body of …
Persistent link: https://www.econbiz.de/10005118991
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128
convergence. Specifically, treating technology as sector-specific and modelling technological spillovers as a positive function of … an extended convergence equation. The latter is then estimated by means of Panel Data procedures and data on the Italian …
Persistent link: https://www.econbiz.de/10010290655
The paper surveys the main trends of per capita income convergence in the European Union. It stresses that income … disparities have ceased to diminish across the European regions since 1980, although convergence between countries has continued … behind income convergence are analized by means of the decomposition of per capita income in labor productivity and …
Persistent link: https://www.econbiz.de/10005463756
Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given … to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the … distribution of the stock of existing firms in the European Union is fixed, it is assumed that the degree of convergence follows …
Persistent link: https://www.econbiz.de/10005463763