In this paper, we examine economic growth in Mexican states over 1940–2015, focusing on the issue of their convergence interpreted as catching-up. A nonlinear econometric model with asymptotically decaying trends of the income gap is applied for the analysis. Particular cases of the baseline...

This work considers the Euclidean distance concept to assess the evolution of regional disparities from aggregate data, such as for example, the per capita output. The vector space concept, as a measure of inequality, presents interesting properties: it tends to zero when the distances are...

This work considers the Euclidean distance concept to assess the evolution of regional disparities from aggregate data, such as for example, the per capita output. The vector space concept, as a measure of inequality, presents interesting properties: it tends to zero when the distances are...

The stochastic convergence amongst Mexican Federal entities is analyzed in panel data framework. The joint consideration of cross-section dependence and multiple structural breaks is required to ensure that the statistical inference is based on statistics with good statistical properties. Once...

The profitability-growth relationship is examined at the sectoral level of the Mexican manufacturing industry. For the theories that explain this connection, business growth drives profitability (classical), profitability explains business growth (evolutionary), or a negative link is a rule...

U.S. states during the 1977-1986 business cycle are found to have small but significant technical inefficiency in the private sector.Inefficiency is influenced by several factors, including prior economic performance, location, Hicks labor augmenting technical progress in the manufacturing...

Using the latest data (2009) and one historic year (2000) from a Russian nationally representative household survey, a tobit demand model is estimated to examine influences on both the decision to smoke and the quantity of cigarettes bought by Russian women of working age over the past decade....

This article examines wages in rural Russia after the first decade of economic transition using data from a nationally representative household survey. The stochastic frontier analysis reveals that Russia's rural labour markets place high value on human capital. The overall level of rural wages,...

FDI in to the 10 counties of Lithuania is analyzed for the first time using new regional data now available for this small transition economy. At the county level, Lithuania appears to be exhibiting export led growth which is increasing business and household incomes despite a substantial number...

Foreign Direct Investment in the United States is analyzed using a stochastic production function with FDI as an input. Low but significant technical inefficiency is found across American states similar to earlier studies but now with FDI explicitly accounted for. FDI is found to have a low but...