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Regional Inequality, Convergence, and its Determinants - A View from Outer Space
Lessmann, Christian; Seidel, André - CESifo - 2015
This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light … data. We first empirically study the relationship between luminosity data and regional incomes for those countries where … regional income data are available. We subsequently use our estimation results for an out-ofsample prediction of regional …
Persistent link: https://www.econbiz.de/10011272626
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Regional Inequality, Convergence, and its Determinants - A View from Outer Space
Lessmann, Christian - 2015
This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light … data. We first empirically study the relationship between luminosity data and regional incomes for those countries where … regional income data are available. We subsequently use our estimation results for an out-of-sample prediction of regional …
Persistent link: https://www.econbiz.de/10013023191
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Ageing and Productivity Growth: Are there Macro-level Cohort Effects of Human Capital?
Werding, Martin - CESifo - 2008
productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well …
Persistent link: https://www.econbiz.de/10005406417
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How I Learned to Stop Worrying and Love the Crisis
Fidrmuc, Jan; Tichit, Ariane - CESifo - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10009645638
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Reform, Uncertainty and Spillovers - A Gravity Model Approach
Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - CESifo - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009651184
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Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries
Samargandi, Nahla; Fidrmuc, Jan; Ghosh, Sugata - CESifo - 2014
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
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Reform, Uncertainty and Spillovers - A Gravity Model Approach
Fidrmuc, Jan - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10013109753
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Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries
Samargandi, Nahla - 2014
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10013054321
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How I Learned to Stop Worrying and Love the Crisis
Fidrmuc, Jan - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10013111368
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Explaining Inequality between Countries : The Declining Role of Political Institutions
Hussey, Andrew - 2017
Within the fundamental determinants of cross-country income inequality, ‘humanly devised' political institutions represent a hallmark factor that societies can influence, as opposed to, for example, geography. Focusing on the portion of inequality explainable by differences in political...
Persistent link: https://www.econbiz.de/10012962120