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, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …
Persistent link: https://www.econbiz.de/10011953713
!convergence panel regressions may produce biased evidence, due to their inability to distinguish between actual catching-up across …. The results confirm the conjecture that traditional evidence about - convergence may be misleading; they also show that …
Persistent link: https://www.econbiz.de/10010343912
. The techniques used are σ and β convergence tests, combined with the deterministic sensitivity analysis. The sample …
Persistent link: https://www.econbiz.de/10014474837
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …
Persistent link: https://www.econbiz.de/10011671956
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
. Filling the gap of previous contributions, the paper aims to investigate convergence outcomes of the CP at NUTS2&3 level and …
Persistent link: https://www.econbiz.de/10012271858
regional convergence, as every percentage point of net migration increased GDP per capita by roughly 0.01% and reduced …
Persistent link: https://www.econbiz.de/10012595256
This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from … 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a … clustering algorithm is used to identify convergence clubs. The results show evidence of convergence in the region for the long …
Persistent link: https://www.econbiz.de/10014234252
It is by now a widely shared insight that fiscal policy needs to be re-strengthened as a macroeconomic policy instrument within European macroeconomic policies: Recent experiences with austerity policies, new research regarding the size of the fiscal multiplier and the fact that monetary policy...
Persistent link: https://www.econbiz.de/10011477456
Most parts of the Euro area have seen seven years of deep economic crisis. The strategy of tightening the fiscal constraints of the SGP has driven many member states into austerity. In contrast, the golden rule of public investment proposed in this study would be one important element of the...
Persistent link: https://www.econbiz.de/10011336549