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The aim of this paper is twofold. First, we study the determinants of economic growth among a wide set of potential variables for the Spanish provinces (NUTS3). Among others, we include various types of private, public and human capital in the group of growth factors. Also, we analyse whether...
Persistent link: https://www.econbiz.de/10005138828
. When testing the model using data obtained from Spanish regions, evidence of convergence is not found, in spite of the … mobility. After analyzing other factors potentially affecting regional convergence, a number of recommendations are supplied in …
Persistent link: https://www.econbiz.de/10005157560
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
growth model of technology diffusion, indicates that some spatial variables affect the speed of convergence relative to the … the speed of convergence but generates congestion in some countries. These spatial variables also affect the aggregate … supply, and hence the price and output levels. Key words: transportation, regional growth, convergence, congestion. JEL Class …
Persistent link: https://www.econbiz.de/10011318883
In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity …-1998 and 1998-2002 and confirm the convergence hypothesis only for the last period of transition, while in the early transition … results, however, should not yet be intepreted as a sign of a pfirmenent return to convergence in transition countries as they …
Persistent link: https://www.econbiz.de/10010313244
In this paper, we test the neoclassical growth model and its main prediction of conditional convergence of productivity …-1998 and 1998-2002 and confirm the convergence hypothesis only for the last period of transition, while in the early transition … results, however, should not yet be intepreted as a sign of a permenent return to convergence in transition countries as they …
Persistent link: https://www.econbiz.de/10005449570
While European integration has substantially contributed to economic convergence between the member states of the EU … towards economic convergence on a national scale between 2000 and 2011, mainly caused by the rapid growth of the most lagging … countries. On a regional scale, however, the process of convergence was much slower and almost came to an end after the …
Persistent link: https://www.econbiz.de/10011481693
This paper analyses to what extent the Spanish provinces have shown a convergence process since 1980 to nowadays. The … exitence of a unique convergence process between them. Rather, we can observe the existence of differentiated clubs up to 2007 …
Persistent link: https://www.econbiz.de/10011477529
Persistent link: https://www.econbiz.de/10012002519
Persistent link: https://www.econbiz.de/10012104794