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In this paper we outline (i) why ó-convergence may not accompany â- convergence, (ii)cite evidence of â-convergence in … the U.S., (iii) and use USA county-level data containing over 3,000 cross-sectional observations to demonstrate that ó-convergence …
Persistent link: https://www.econbiz.de/10005412590
We use county data with 3,058 observations to study growth and convergence in the US. We assess the effect of 40 … convergence rates around 2 percent, but 3SLS yields 6–8 percent; (2) convergence rates vary across the U.S. E.g., Southern …
Persistent link: https://www.econbiz.de/10005412718
Within the present article we present the evolution of Small and Medium-Sized Enterprises (SMEs) in Maramureº County. The economic crisis has affected this field too, fact proved by the evolution of the number of the active existing SMEs. We have also presented the evolution of the number of...
Persistent link: https://www.econbiz.de/10010940663
La conceptualización de los Sistemas Regionales de Innovación (Cooke y Morgan, 1993; Autio et al., 2004) puede ser considerada como una extensión y/o adaptación del concepto de los Sistemas Nacionales de Innovación surgidos a partir de los trabajos de Freeman (1987), Nelson (ed., 1993) y...
Persistent link: https://www.econbiz.de/10005412804
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS … and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates … around 2 percent; 3SLS yields 6–8 percent; (2) convergence rates vary (e.g., the Southern rate is 2.5 times the Northeastern …
Persistent link: https://www.econbiz.de/10005076836
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...
Persistent link: https://www.econbiz.de/10005561213
Persistent link: https://www.econbiz.de/10010747251
In many countries, anti-crisis public measures focus on higher public investment or investment in public objectives, like investment in infrastructure projects as an important mean to maintain economic activity during the crisis and support a rapid return to sustained economic growth. An...
Persistent link: https://www.econbiz.de/10010632714
In the current conditions from Romania, the public sector must think at least for the near future subsequent investment requirements and their performance and not chaotic prosecution of this. As such, one can develop mathematical models on which it comes to shaping the future scenarios of the...
Persistent link: https://www.econbiz.de/10010675566
The objective of the article is to investigate the phenomenon of economic convergence across the new member states of … the European Union, over the period 2000-2010. A significant aspect is considered to be whether convergence is the general … rule, applicable to different countries, or whether in reality convergence and divergence coexist across different periods …
Persistent link: https://www.econbiz.de/10010711167