Narrow search
Showing 1 - 10 of 3,792
Cover Image
Public Infrastructure Investment, Output Dynamics, and Balanced Budget Fiscal Rules
Duarte Bom, P.R.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2011
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
Cover Image
Output Dynamics, Technology, and Public Investment
Duarte Bom, P.R.; Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2010
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
Cover Image
Sectoral productivity convergence between European regions : does space matter?
Montresor, Elisa; Pecci, Francesco; Pontarollo, Nicola - 2012
The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 … adopt a β- and sígma-convergence approach along with a methodology based on Getis' spatial filters that allows decomposing … and low productivity, respectively 'core' and 'periphery'. Our results show significant sígma-convergence in aggregate …
Persistent link: https://www.econbiz.de/10011514053
Cover Image
The spillover effect of European Union funds between the regions of the new European Union members
Maras, Marin - In: Croatian review of economic, business and social … 8 (2022) 1, pp. 58-72
As the differences between the regions are more pronounced than among the countries, NUTS 2 regions of the new members that joined the EU after 2000 are considered. Due to the presence of externalities between the regions, the Solow growth model using interregional externalities is used. This is...
Persistent link: https://www.econbiz.de/10013279716
Cover Image
Toward inclusive growth : is there regional convergence in social welfare?
Rodríguez-Pose, Andrés; Tselios, Vassilis - In: International regional science review 38 (2015) 1, pp. 30-60
Persistent link: https://www.econbiz.de/10011300860
Cover Image
What about regions in regional science? : an exercise of convergence using different geographic scales of European Union : 53rd ERSA Congress, 27-31 August 2013 - Palermo, Italy
Resende, Guilherme Mendes; Cravo, Túlio - 2013
in the analysis of the convergence process of European Union (EU15) regions by systematically applying a method to … results suggest that convergence pattern of EU regions depends on the spatial scale of analysis and that convergence occurs …
Persistent link: https://www.econbiz.de/10011543405
Cover Image
What can the EMU's peripheral countries learn from regional growth?
Aiginger, Karl; Firgo, Matthias; Huber, Peter - 2013
The experiences of 259 regions in 21 European countries with within country GDP per capita and labour productivity growth suggest that variables associated with pro-active, growth oriented strategies are consistently more important predictors of successful regional development than variables...
Persistent link: https://www.econbiz.de/10010424528
Cover Image
Regional convergence and divergence in Europe : patterns and regularities
Maurseth, Per Botolf - 2013
obtained. It is demonstrated that convergence is pronounced between regions that are far away from each other while there is no … convergence between neighbor regions. Third, it is shown how the conditional o-convergence approach can be extended to other …
Persistent link: https://www.econbiz.de/10011570758
Cover Image
Going NUTS : the effect of EU structural funds on regional performance
Becker, Sascha O.; Egger, Peter; Ehrlich, Maximilian Von; … - 2008
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10003803543
Cover Image
Regional disparities and innovations in Europe
Paas, Tiiu; Vahi, Triin - 2012
convergence in Europe. The empirical part of the study bases on the regional GDP pc and innovation indicators on the EU-27 NUTS2 … additional 20% are country specific factors. Estimating convergence equations, we noticed that regional innovations tend to … increase inter-regional differences, at least during the short-run period. Thus, if regional income convergence is a policy …
Persistent link: https://www.econbiz.de/10011522577