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The Impact of Local Decentralization on Economic Growth : Evidence from U.S. Counties

Hammond, George W. - 2009

We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...

Persistent link: https://www.econbiz.de/10013153508

Diversity and Growth

Gradstein, Mark - 2018

The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...

Persistent link: https://www.econbiz.de/10012917100

Past Dominations, Current Institutions and the Italian Regional Economic Performance

Di Liberto, Adriana - 2015

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional performance calculated using data on the provision of different areas of public services. In order to address...

Persistent link: https://www.econbiz.de/10013029621

Regional Convergence in Russia : Estimating a Neoclassical Growth Model

Lehmann, Hartmut - 2020

In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze regional convergence process in the Russian case. We also take into account possible spatial effects and do … a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While we …

Persistent link: https://www.econbiz.de/10012839051

The Phantom of the Opera : Cultural Amenities, Human Capital, and Regional Economic Growth

Falck, Oliver - 2020

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10012857538

Local Employment Growth in West Germany : A Dynamic Panel Approach

Blien, Uwe; Südekum, Jens; Wolf, Katja - 2021

In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...

Persistent link: https://www.econbiz.de/10013318319

The Long-Run Effects of Immigration : Evidence Across a Barrier to Refugee Settlement

Ciccone, Antonio; Nimczik, Jan Sebastian - 2022

After the end of World War II in 1945, millions of refugees arrived in what in 1949 became the Federal Republic of Germany. We examine their effect on today's productivity, wages, income, rents, education, and population density at the municipality level. Our identification strategy is based on...

Persistent link: https://www.econbiz.de/10014083765

The Macroeconomics of Targeting : The Case of an Enduring Epidemic

Bell, Clive - 2006

What is the right balance among policy interventions in order to ensure economic growth over the long run when an epidemic causes heavy mortality among young adults? We argue that, in general, policies to combat the disease and promote education must be concentrated, in certain ways, on some...

Persistent link: https://www.econbiz.de/10012779117

Misperceiving Inequality

Gimpelʹson, Vladimir E. - 2015

Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...

Persistent link: https://www.econbiz.de/10013016396

The Ecological Impact of Place-Based Economic Policies

Garg, Teevrat - 2020

Does economic development have an unavoidable ecological cost? We examine the ecological impacts of one of India's signature place-based economic policies involving massive tax benefits for new industrial and infrastructure development following the creation of the new state of Uttarakhand. The...

Persistent link: https://www.econbiz.de/10012838475