Showing 1 - 10 of 1,406
This paper deals with the development of regional income disparities and convergence processes in the countries of the … the period 1995 - 2003. We use the two classical concepts of s – and ß-convergence. Furthermore, spatial econometric …
Persistent link: https://www.econbiz.de/10010985000
Regional disparities in Central and Eastern Europe rose substantially since 1990. Still, prima facie evidence of beta-convergence … convergence. In both CEE and the ‘old’ EU15, regional convergence is strongly linked to the level of national development, non …-linearly. But while in the EU15 convergence speeds-up at intermediate/high levels of development, in CEE we find divergence at …
Persistent link: https://www.econbiz.de/10011126360
We study the dynamic output and welfare effects of public infrastructure investment under a balanced budget fiscal rule, using an overlapping generations model of a small open economy. The government finances public investment by employing distortionary labor taxes. We find a negative short-run...
Persistent link: https://www.econbiz.de/10011090750
The paper studies the dynamic output effects of public infrastructure investment in a small open economy. We develop an overlapping generations model that includes a production externality of public capital and a wealth effect on labor supply. Public capital enters the firm's production function...
Persistent link: https://www.econbiz.de/10011090760
The aim of this paper is to present a further contribution, with panel data, to the analysis of absolute convergence … productivity at regional level. Presenting some empirical evidence of absolute convergence of productivity for each of the economic … empirical evidence of conditional convergence of productivity, for each of the economic sectors of the NUTS II of Portugal, from …
Persistent link: https://www.econbiz.de/10009203640
The aim of this paper is to analyze the consequences of spatial dependence on regional growth and the convergence … process. Based on a sample of 92 European regions over the 1980-1995 period, we show that the unconditional ?-convergence …
Persistent link: https://www.econbiz.de/10011020060
us distance, communications infrastructure or population in the spatial weights matrix associated to a ?-convergence …
Persistent link: https://www.econbiz.de/10011020148
convergence speed of per capita income among municipios and test whether spatial externalities are linked to local income growth …. Conditionally on structural characteristics, we find evidence of convergence between municipios and of positive spatial dependence …
Persistent link: https://www.econbiz.de/10010707128
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …
Persistent link: https://www.econbiz.de/10011084166
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …
Persistent link: https://www.econbiz.de/10010568419