Showing 1 - 10 of 4,739
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 … adopt a β- and sígma-convergence approach along with a methodology based on Getis' spatial filters that allows decomposing … and low productivity, respectively 'core' and 'periphery'. Our results show significant sígma-convergence in aggregate …
Persistent link: https://www.econbiz.de/10011514053
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10011377391
Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this...
Persistent link: https://www.econbiz.de/10013212842
convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 … analysis method, three composite indicators of regional innovation capacity are extracted. Estimating convergence equations, we … regional income convergence is a policy target, additional policy measures beside innovation activities should be effectively …
Persistent link: https://www.econbiz.de/10013096316
Regional fiscal equalization in Germany aims to reduce fiscal disparities by allocating financial resources to less promising regions in order to support the supply of public goods. This paper aims to analyse secondary economic effects of regional fiscal equalization on several economic in- and...
Persistent link: https://www.econbiz.de/10011981106
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …. -- Fiscal policy, convergence ; regional economic growth ; regional migration …
Persistent link: https://www.econbiz.de/10003832335
Using data on 48 contiguous U.S. states and a spatial econometric approach, this paper examines short- and long-run effects of productive higher education and highway infrastructure spending financed by different revenue sources on state economic growth. Following the Lagrange Multiplier, Wald,...
Persistent link: https://www.econbiz.de/10012912930
This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several expenditure and revenue instruments, and types of debt. The AFSM is now a formal part of the Ministry of...
Persistent link: https://www.econbiz.de/10014081629
The relationship between economic structure and productivity growth has been a subject of increasing interest over recent decades. The innovative focus of this paper concerns the role of the service sector in this relationship at a regional level. Services play a core role in advanced economies,...
Persistent link: https://www.econbiz.de/10012654183