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Persistent link: https://www.econbiz.de/10011705916
Using sigma and beta convergence methods, this study tests economic convergence in Turkish NUTS-2 regions between 2004 …-2011. The findings of sigma convergence analysis show that the interregional income gap decreases during economic recession … periods and increases during economic expansion periods. The beta convergence results obtained by the cross-sectional and …
Persistent link: https://www.econbiz.de/10012040046
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 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
regional convergence (or divergence) too. The aim of the paper is to study both the localization of R&D investments and … the presence of spatial correlation. Furthermore, we evaluate convergence or divergence in income growth and if it is … per capita GDP and per capita R&D investment. It follows the convergence analysis and conclusions. To study the spatial …
Persistent link: https://www.econbiz.de/10011481737
A wide urban-rural disparity is observed in employment growth in the United States. For example, employment growth averaged 2.1 percent in urban counties during 1998-2007, compared with just 1 percent in rural counties. In this study, we examine the sources of U.S. employment growth using the...
Persistent link: https://www.econbiz.de/10011573731
Persistent link: https://www.econbiz.de/10011300860
The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and … the correlation between the convergence process and economic growth we focused, as it is usually used in specialised … literature to analyse the real convergence, on the dynamics of GDP per capita expressed in case of EU by PPS (Purchasing Power …
Persistent link: https://www.econbiz.de/10011866850
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