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Decentralization, social capital and regional convergence
Mauro, Luciano; Pigliaru, Francesco - 2013
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10010298745
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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - Deutsche Bundesbank - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10005083103
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Does regional redistribution spur growth?
Koetter, Michael (contributor); Wedow, Michael (contributor) - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10003794113
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Finance and Growth in a Bank-Based Economy : Is it Quantity or Quality that Matters?
Koetter, Michael - 2016
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10012989310
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Does Regional Redistribution Spur Growth?
Koetter, Michael - 2016
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10012991074
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Local government debt and economic growth in China
Wu, Yanrui - In: Journal of Chinese economic and business studies 18 (2020) 3, pp. 229-242
Persistent link: https://www.econbiz.de/10012312370
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Technological diffusion, spatial spillovers and regional convergence in Europe
Paci, Raffaele; Pigliaru, Francesco - 2001
convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …
Persistent link: https://www.econbiz.de/10011608798
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Productivity and efficiency : evidence from the Chinese regional economies
Wu, Yanrui - 1997
Persistent link: https://www.econbiz.de/10000974944
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The performance of FDI
Wu, Yanrui - In: Foreign direct investment and economic growth in China, (pp. 57-67). 1999
Persistent link: https://www.econbiz.de/10001371591