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In the field of economics and regional research, income convergence between countries and regions has been analysed since the 1980s. At the beginning of the 21st century, a number of articles addressing income convergence of European Union (EU) countries were published, which was among many...
Persistent link: https://www.econbiz.de/10015190616
during the region’s early phase of growth and development. Second, human capital formation had a significant positive effect … more strongly in Asia than in the rest of the world. Third, innovation has also been critical in facilitating recent growth … in Asian economies. These results suggest that Asia’s capital-accumulation-driven growth in the early phase induced human …
Persistent link: https://www.econbiz.de/10013328193
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The following article deals with the basic Solow model of economic growth for the states of the EU-28 and empirically … confirms its conclusions. Based on growth accounting, and by analyzing different determinants of the respective steady states …
Persistent link: https://www.econbiz.de/10014547104
macroeconomic variables and per capita GDP growth rate are econometrically tested to support this research. We analyse the … capital formation and economic openness have a positive impact on per capita growth, while general government debt …
Persistent link: https://www.econbiz.de/10012515792
the methodology of Frank Geary and Tom Stark [2002. Examining Ireland's post-famine economic growth performance. The … divergence remained stable. Direct comparisons of regional growth rates indicate that economically more advanced regions were … growth and convergence in times of low growth. …
Persistent link: https://www.econbiz.de/10015065506
This paper examines the impact of per capita income, gross domestic product (GDP) growth, foreign direct investment … role in sustaining long-term economic stability. Per capita income and GDP growth did not significantly impact the …
Persistent link: https://www.econbiz.de/10015197673
panel tests provide strong support for the long-run positive effect of financial market openness on economic growth and a … long-run negative association between stock market returns and growth. Findings of the robustness checks reveal that the … effect of both financial market openness and stock market returns on economic growth differs across countries. …
Persistent link: https://www.econbiz.de/10015338294
entrepreneurship and growth further and investigate the role of R&D. Policy recommendations include reducing regulatory burdens and …
Persistent link: https://www.econbiz.de/10014320975
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