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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
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The impact of regional absorptive capacity on spatial knowledge spillovers
Caragliu, Andrea; Nijkamp, Peter - 2008
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10011377391
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Do Fiscal Transfers Foster Regional Economic Growth?
Mose, Naftaly - 2021
Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this...
Persistent link: https://www.econbiz.de/10013212842
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Regional fiscal equalization in Germany : a simultaneous equation approach to assess the economic effects of fiscal policy
Eberle, Jonathan - 2019
Regional fiscal equalization in Germany aims to reduce fiscal disparities by allocating financial resources to less promising regions in order to support the supply of public goods. This paper aims to analyse secondary economic effects of regional fiscal equalization on several economic in- and...
Persistent link: https://www.econbiz.de/10011981106
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The role of fiscal transfers for regional economic convergence in Europe
Checherita-Westphal, Cristina; Nickel, Christiane; … - 2009
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …. -- Fiscal policy, convergence ; regional economic growth ; regional migration …
Persistent link: https://www.econbiz.de/10003832335
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The Direct and Indirect (Spillover) Effects of Productive Government Spending on State Economic Growth
Atems, Bebonchu - 2018
Using data on 48 contiguous U.S. states and a spatial econometric approach, this paper examines short- and long-run effects of productive higher education and highway infrastructure spending financed by different revenue sources on state economic growth. Following the Lagrange Multiplier, Wald,...
Persistent link: https://www.econbiz.de/10012912930
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The Ararat Fiscal Strategy Model : A Structural Framework for Fiscal Policy Analysis in Armenia
Babajanyan, Victoria; Baksa, Daniel; Fukac, Martin; … - 2022
This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several expenditure and revenue instruments, and types of debt. The AFSM is now a formal part of the Ministry of...
Persistent link: https://www.econbiz.de/10014081629
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The European countries : the role of services : special session SS33, Services and the Territory: Spatial Aspects and Problems of Service Activities
Cuadrado Roura, Juan R.; Maroto Sánchez, Andrés - 2010
The relationship between economic structure and productivity growth has been a subject of increasing interest over recent decades. The innovative focus of this paper concerns the role of the service sector in this relationship at a regional level. Services play a core role in advanced economies,...
Persistent link: https://www.econbiz.de/10012654183
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The Impact of Regional Absorptive Capacity on Spatial Knowledge Spillovers
Caragliu, Andrea; Nijkamp, Peter - 2008
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10010325801
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Governments under influence: Country interactions in discretionary fiscal policy
Cassette, Aurélie; Creel, Jerome; Farvaque, Etienne; … - Centre de recherche en Économie (OFCE), Sciences … - 2010
We investigate the interactions between countries of the discretionary component of national fiscal policies (i.e. the cyclically- and interest-adjusted part of fiscal policy), therefore observing and investigating the part of public spending and tax receipts on which governments keep full...
Persistent link: https://www.econbiz.de/10008692983