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Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...
Persistent link: https://www.econbiz.de/10010293987
Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favorable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evalua tion...
Persistent link: https://www.econbiz.de/10008498055
Economists expect positive returns to investments in infrastructure. However a project with higher national returns might have less favourable effects on a regional level than the alternative. Therefore new infrastructure should also be assessed on a regional level, but econom(etr)ic evaluation...
Persistent link: https://www.econbiz.de/10005079114
This paper explores whether the post-1980 decline in infrastructure investment in developing countries is a source of growing disparities in world per capita GDP. I start by reviewing the literature on the infrastructure-productivity link, arguing that a balanced reading of previous studies...
Persistent link: https://www.econbiz.de/10005786843
European leaders aim to turn the enlarged Union into "the most competitive and dynamic knowledge-based economy in the world". But without major increases in infrastructure investments, dynamic growth - the missing ingredient of the European model - will not materialize. Given extraordinarily...
Persistent link: https://www.econbiz.de/10005007292
, investigating the effects of public capital on economic convergence at the regional level gains importance since significant … per capita in terms of convergence in the Turkish regions. A conditional convergence model based on per capita GDP and … spatial effects are also investigated. The results show that there exists conditional convergence. The results also reveal …
Persistent link: https://www.econbiz.de/10005730917
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
international debate on regional convergence, where it stands out for the long run persistence of its disparities. …
Persistent link: https://www.econbiz.de/10008804601
convergence. Specifically, treating technology as sector-specific and modelling technological spillovers as a positive function of … an extended convergence equation. The latter is then estimated by means of Panel Data procedures and data on the Italian …
Persistent link: https://www.econbiz.de/10010290655
This paper investigates the conditional convergence of both human capital indicators and nominal per capita income …
Persistent link: https://www.econbiz.de/10008491478