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As the differences between the regions are more pronounced than among the countries, NUTS 2 regions of the new members that joined the EU after 2000 are considered. Due to the presence of externalities between the regions, the Solow growth model using interregional externalities is used. This is...
Persistent link: https://www.econbiz.de/10013279716
One of the most fundamental issues worldwide is the economic interdependence of countries which affects their economic growth. Some new growth theorists such as Mankiw et al., Islam, Ertur and Koch, Lee, Yu and Yu Ho et al. consider geographical proximity and trade as spatial variables. This...
Persistent link: https://www.econbiz.de/10012308441
, i.e. contribute to economic growth and convergence between EU countries and especially regions. A theoretical model … addressing the identified issues is needed to assess the impact of infrastructure on economic growth and convergence … a theoretical model for evaluating infrastructure impact on economic growth and convergence. Moreover, based on the …
Persistent link: https://www.econbiz.de/10013259322
This paper examines the effects of infrastructure projects on economic performance by studying the changes in government revenue in the Northern Midland and Mountainous region of Viet Nam. More specifically, this paper investigates the effects of two expressway projects, namely (1) the Noi...
Persistent link: https://www.econbiz.de/10012262644
The opening up of the Mexican economy completely transformed the growth dynamics of the per capita Gross Domestic Product (GDP) of the country’s various states, with a clear tendency towards growth being concentrated in specific regions. In this study, we quantify the indirect or spillover...
Persistent link: https://www.econbiz.de/10012406027
The estimation of the impact of public investment on regional economic growth requires consideration of the spatio-temporal dynamics among the state variables of each region. Recent austerity policies in Spain that feature temporary decreases in the accumulation of regional public capital should...
Persistent link: https://www.econbiz.de/10012491832
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econometric convergence models by introducing interindustry spillovers in addition to spillovers that are spatial in nature. To …
Persistent link: https://www.econbiz.de/10015073307
Persistent link: https://www.econbiz.de/10012620730
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