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Persistent link: https://www.econbiz.de/10005539292
In this paper we provide an outline of Kaldor's growth model and tests its relevance to the economic experience of European regions during the 1984-1992 period. The Kaldor's first law asserts that manufacturing is the engine of economic growth. The second proposition, also known as Verdoorn's...
Persistent link: https://www.econbiz.de/10005817425
This paper examines the causality between central government spending in regions and local elections, in an environment of increasing electoral competition and a undefined decentralisation. This study examines Mexican elections during the period 1990-1995 where the main party started loosing...
Persistent link: https://www.econbiz.de/10005540027