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Public investment and regional growth and convergence: Evidence from Greece

Psycharis, Yannis; Rodriguez-Pose, Andres; Tselios, Vassilis - C.E.P.R. Discussion Papers - 2012

This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …

Persistent link: https://www.econbiz.de/10011084166

Space and Growth

Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10011256152

A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent

Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2005

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

Persistent link: https://www.econbiz.de/10011255754

In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance

Mukand, Sharun W.; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...

Persistent link: https://www.econbiz.de/10005136734

Neoclassical Growth and Commodity Trade

Cuñat, Alejandro; Maffezzoli, Marco - C.E.P.R. Discussion Papers - 2002

countries. Moreover, it does not necessarily yield convergence in levels for identically parameterized economies. All in all …

Persistent link: https://www.econbiz.de/10005504435

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …

Persistent link: https://www.econbiz.de/10005789082

Growth, Distance to Frontier and Composition of Human Capital

Aghion, Philippe; Meghir, Costas; Vandenbussche, Jérôme - C.E.P.R. Discussion Papers - 2005

We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer to the technological frontier under the reasonable...

Persistent link: https://www.econbiz.de/10005792394

Economic Growth and the Volatility of Foreign Aid

Chervin, Michal; Wijnbergen, Sweder van - Tinbergen Instituut - 2010

Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 countries over the period 1966-2001. We find that...

Persistent link: https://www.econbiz.de/10011255582

The Empirical Economic Growth Literature

Florax, Raymond J.G.M.; Groot, Henri L.F. de; Heijungs, … - Tinbergen Instituut - 2002

The empirical economic growth literature is criticized for its lack ofrobustness. For different definitions of robustness, conclusions vary from 'almost everycorrelation is fragile' to 'a substantial number of explanatory variables are robust.' Were-analyze the empirical results of the economic...

Persistent link: https://www.econbiz.de/10011255799

Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

Brons, Martijn; Groot, Henri L.F.M. de; Nijkamp, Peter - Tinbergen Instituut - 1999

The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...

Persistent link: https://www.econbiz.de/10011255976