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Interregional spillovers and urban-rural disparity in U.S. employment growth

Saito, Hisamitsu; Gopinath, Munisamy; Wu, JunJie - 2010

A wide urban-rural disparity is observed in employment growth in the United States. For example, employment growth averaged 2.1 percent in urban counties during 1998-2007, compared with just 1 percent in rural counties. In this study, we examine the sources of U.S. employment growth using the...

Persistent link: https://www.econbiz.de/10011573731

The elusive quest for the holy grail of an impact of EU funds on regional growth

Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019

We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...

Persistent link: https://www.econbiz.de/10012138778

The impact of local decentralization on economic growth : evidence from U.S. counties

Hammond, George W.; Tosun, Mehmet Serkan - 2009

We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...

Persistent link: https://www.econbiz.de/10003919883

Moonshot : Public R&D and Growth

Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023

We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...

Persistent link: https://www.econbiz.de/10014322858

Interregional inequality and federal expenditures and transfers in Russia

Torbenko, Alexander M. - 2014

The paper considers the influence of federal government expenditures and transfers on interregional convergence in … period in Russian regions there existed un- conditional beta-convergence, poor regions grew faster than rich ones. This …. Comparing our results to the results of previous research the process of interregional convergence in Russia can be seen. In the …

Persistent link: https://www.econbiz.de/10011504486

Markov or not Markov : this should be a question

Bickenbach, Frank; Bode, Eckhardt - 2001

Although it is well known that Markov process theory, frequently applied in the literature on income convergence …

Persistent link: https://www.econbiz.de/10011495597

The impact of fiscal policy on profits

Katsimē, Margarita; Sarantides, Vassilis - 2009

This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...

Persistent link: https://www.econbiz.de/10003898835

A primer on public investment in Europe, old and new /

Perée, Eric; Välilä, Timo - 2007

We take stock of what is known about public investment in the member states of the European Union, old and new alike. The interesting features about the long-term evolution of public investment have been its downtrend in old EU member states, bar the cohesion countries, and its volatility in new...

Persistent link: https://www.econbiz.de/10008939528

The impact of government procurement composition on private R&D activities

Slavtchev, Viktor; Wiederhold, Simon - 2011

This paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We develop an endogenous growth model with quality-improving in-novation that incorporates industries with heterogeneous innovation sizes. Government de-mand in high-tech industries...

Persistent link: https://www.econbiz.de/10009271362

Productive government expenditure and economic growth

Irmen, Andreas; Kuehnel, Johanna - 2008

We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...

Persistent link: https://www.econbiz.de/10003747332

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