Showing 1 - 10 of 53
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
This paper studies the geographic distribution of unemployment rates in Colombian urban areas. It introduces measures of spatial correlation and spatial econometric techniques to analyze the dependence in local unemployment rates across municipalities. Results suggest that Colombian...
Persistent link: https://www.econbiz.de/10009019028
This article contributes to the small literature on the relationship between the range of local public services and population size. Using new data on French local jurisdictions, we test the hypothesis that larger jurisdictions provide a broader range of public goods (the so-called “zoo...
Persistent link: https://www.econbiz.de/10011074989
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
conditions that guarantee, in the long run, the convergence of the detrended capital across locations and those inducing spatial …
Persistent link: https://www.econbiz.de/10010779580
This paper casts the Belgian Great Depression of the 1930s within a dynamic stochastic general equilibrium (DSGE) framework. Results show that a total factor productivity shock within a standard real business cycle model is unsatisfactory. Introducing war expectations in the baseline model...
Persistent link: https://www.econbiz.de/10004984806
The aim of this paper is to discuss the process of regional convergence within the framework of an overlapping … education funding systems and compare their performance in terms of growth rates and pace of convergence between two …-off between long run growth rate and short run convergence. In such choice, the initial capital stock and the extent of regional …
Persistent link: https://www.econbiz.de/10004985103
the issues of sustainability, long-run and short-run growth as well as convergence, associated with the competitive …
Persistent link: https://www.econbiz.de/10004985106
short run fluctuations and decreases the convergence speed to the steady states. …
Persistent link: https://www.econbiz.de/10004985246
convergence technologique et étudie comment la croissance économique affecte la spécialisation des régions. Les résultats d …'estimation montrent (i) une convergence (dé-spécialisation) des activités technologiques régionales. Les vitesses de dé … comme des facteurs de décélération de la vitesse de convergence technologique, (iii) l'effet de la croissance économique sur …
Persistent link: https://www.econbiz.de/10004985478