Showing 1 - 10 of 110
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
This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10010301178
Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...
Persistent link: https://www.econbiz.de/10010293987
Since the beginning of the 1990s, the issue of income convergence has received considerable attention in economic … scarce. The present paper is an attempt to provide additional information on the spatial aspect of convergence. Spatial … econometric methods are used to investigate regional convergence in West Germany. The results indicate that spatial interaction is …
Persistent link: https://www.econbiz.de/10010295602
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in … with reality of empirical dynamics. The two-club spatial error convergence model with groupwise heteroskedasticity is found … data provide much support for unconditional ß-convergence in Europe. The second is that the usual convergence conclusions …
Persistent link: https://www.econbiz.de/10010297367
The convergence of German regions represents a politically explosive question. Different studies examined convergence … processes of Germany. We derive equations to estimate the convergence speed on basis of a Solow model, to which human capital is … added. The geographically weighted regression permits a detailed analysis of convergence processes, which has not been …
Persistent link: https://www.econbiz.de/10010266904
In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity …-1998 and 1998-2002 and confirm the convergence hypothesis only for the last period of transition, while in the early transition … results, however, should not yet be intepreted as a sign of a pfirmenent return to convergence in transition countries as they …
Persistent link: https://www.econbiz.de/10010313244
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10010325489
development issues across four socio-economic dimensions: * level of economic development and convergence rates based on real GDP … (application of methodology testing β and σ convergence to the set of countries analyzed); * quality of life and its components …
Persistent link: https://www.econbiz.de/10010326581
development and convergence rates based on Real GDP (application of methodology testing β and σ convergence to the set of …
Persistent link: https://www.econbiz.de/10010326590