Showing 1 - 10 of 46
This paper focuses on the role of interregional technology spillovers in the process of industrial growth in Chinese regions in the period 1990-2005. Inflows of FDI increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D investment accelerated after 1998. Regional industrial...
Persistent link: https://www.econbiz.de/10010712310
We propose a method for spatial principal components analysis that has two important advantages over the method that Wartenberg (1985) proposed. The first advantage is that, contrary to Wartenberg's method, our method has a clear and exact interpretation: it produces a summary measure...
Persistent link: https://www.econbiz.de/10010712084
This paper examines how publicly provided inputs could affect income distribution. By applying the Newman-Read production function- a generalized Cobb-Douglas production function- to Hicks's idea of the determinant of factor share, such usually complex dynamics remain analytically tractable. The...
Persistent link: https://www.econbiz.de/10010856311
Public capital investment plays an important role in long run growth through enhancing productivity and complementing the accumulation of private inputs. Under appropriate conditions, public capital could also have important implications for income distribution dynamics. When the credit market...
Persistent link: https://www.econbiz.de/10010856324
The determinants of the regional allocation of transportation and communication investments are analysed for the twenty-six statistical regions of Turkey for the years 1999 through 2011. A unique regional GVA series covering this period is constructed for this purpose. We specifically account...
Persistent link: https://www.econbiz.de/10010856386
Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...
Persistent link: https://www.econbiz.de/10010712126
We provide a reappraisal of income convergence across European regions over the period 1990-2005 by using a … initial GDP per capita. Estimation results point out both country heterogeneity and non-linearity in the convergence process …. Only low income regions converge while there is little evidence of convergence for higher income regions. …
Persistent link: https://www.econbiz.de/10010712227
The success of nations in the path towards economic development hinges heavily on the emergence and dynamism of a modern sector capable of simultaneously absorbing an increasing share of the labour force while reducing the technological gap with the worlds frontier. Failure to do so would...
Persistent link: https://www.econbiz.de/10010798445
What really makes an economy competitive? This paper reviews and discusses how the capacity to generate, exploit and diffuse new knowledge is key in enabling countries to capitalise on challenges brought about by rapid technology-driven transformations rather than succumb to their adverse...
Persistent link: https://www.econbiz.de/10010856300
Since 1950, there has been considerable diversity in developing country experiences. Some countries and some regions have experienced rapid growth and catch up, others have fallen behind. At a global level there is an increasing inequality of per capita incomes. However, within the framework of...
Persistent link: https://www.econbiz.de/10010856304