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same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008515823
same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008478960
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
This paper seeks to contribute to our understanding of the relationship between economic policy and economic growth. With the use of a standard growth model, it assesses the influence of public investment and public transfers on the rate of economic growth. It does this by using data from the 20...
Persistent link: https://www.econbiz.de/10010547704
Research on Singapore's economic history has been complicated by the absence of economic data on pre-independence Singapore. This book aims to fill the gap by presenting a time-series of historical GDP estimates for the periods 1900–39 and 1950–60. The new data presented in the...
Persistent link: https://www.econbiz.de/10011143723
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10005616935
Persistent link: https://www.econbiz.de/10012620730
This paper analyses determinants to economic growth with a spatial perspective using data on the Swedish counties for the period 1911-1993. We find that the county growth rate of income per capita is strongly related to the growth rate of income per capita in contiguous counties regardless of...
Persistent link: https://www.econbiz.de/10005644831
Persistent link: https://www.econbiz.de/10011435821