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Several recent studies have examined the tendency of regions within a nation to exhibit long-term convergence in per capita income levels. Barro and Sala-i-Martin (1991, 1992, 1995) have found a tendency towards convergence among the U.S. states, among Japanese prefectures, and among regions...
Persistent link: https://www.econbiz.de/10013233027
We exploit a series of discontinuities, at several population thresholds, in the allocation mechanism of federal transfers to municipal governments in Brazil to identify the causal effect of municipal spending on local labor markets, using a ‘fuzzy' regression discontinuity design. Our...
Persistent link: https://www.econbiz.de/10013040228
A key economic issue is whether poor countries or regions tend to grow faster than rich ones: are there automatic forces that lead to convergence over time in levels of per capita income and product? After considering predictions of closed- and open-economy neoclassical growth theories, we...
Persistent link: https://www.econbiz.de/10013229359
This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions. On the one hand, diminishing returns to specialization in a location can result in a convergence effect: the growth rate of an industry within a region may be declining...
Persistent link: https://www.econbiz.de/10013036681
We use a newly assembled sample of 1,503 regions from 82 countries to compare the speed of per capita income convergence within and across countries. Regional growth is shaped by similar factors as national growth, such as geography and human capital. Regional convergence is about 2.5% per year,...
Persistent link: https://www.econbiz.de/10013035755
How much of the spatial distribution of economic activity today is determined by history rather than by geographic fundamentals? And if history matters for the distribution, does it also affect overall efficiency? This paper develops a tractable theoretical and empirical framework that aims to...
Persistent link: https://www.econbiz.de/10014090933
This paper focuses on the contribution to recent narrowing of the gap between Northern and Southern economies in GDP/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three currently largest rapidly growing Southern...
Persistent link: https://www.econbiz.de/10013113158
indicate a substantial role for human capital accumulation in raising productivity, in contrast to the neoclassical focus on …
Persistent link: https://www.econbiz.de/10013230786
productivity from being near cities (30 to 35 percent higher productivity for a county one standard deviation above average in …
Persistent link: https://www.econbiz.de/10012752888
understatement of input growth in manufacturing, and thus. overstatement of growth in productivity. GNP, and value-added in …) improvement in measured manufacturing productivity growth can be attributed to an increase in the rate of foreign and domestic … outsource is unrelated to its acceleration in productivity. In auditing the industry numbers, we found that a non …
Persistent link: https://www.econbiz.de/10013218822