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Findings of conditional convergence are usually interpreted within a neoclassical growth framework. This follows from the methodology of testing for conditional convergence, whereby the estimating equation is explicitly derived from a neoclassical growth model. Given this explicit derivation,...
Persistent link: https://www.econbiz.de/10005482785
Persistent link: https://www.econbiz.de/10005456937
Roberts M. (2004) The growth performances of the GB counties: some new empirical evidence for 1977-1993, Reg. Studies 38, 149-165. This paper presents an empirical analysis of the growth performances of the GB counties between the late 1970s and early 1990s. Most notable amongst the findings is...
Persistent link: https://www.econbiz.de/10005457900
While the public debt has an interior maximum in the Diamond OLG model, due to an inherent nonlinearity [Rankin and Roffia (2003)], this feature also extends to a linear, AK model when it is conjoined with a backward-looking adjustment process for public debt [Braeuninger (2005)]. We show that...
Persistent link: https://www.econbiz.de/10011154558
In this paper we use micro data on both trade and production for a sample of large Chinese manufacturing firms in the footwear industry from 2002-2006 to estimate an empirical model of export demand, pricing, and market participation by destination market. We use the model to construct indexes...
Persistent link: https://www.econbiz.de/10011079937
The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led growth. Long-run growth is usually portrayed as a supply-determined process. The contributions to this volume, however, are rooted in the theory of demand-led growth. In...
Persistent link: https://www.econbiz.de/10011118929
Comprising specially commissioned essays, the Handbook provides a comprehensive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the...
Persistent link: https://www.econbiz.de/10011182909
This map summarizes information on the connectivity of 67 important South Asian cities concerning infrastructure networks. The map combines four information layers to reveal a city's overall stature in the region's infrastructure networks, i.e. rail, road, air, and information technology...
Persistent link: https://www.econbiz.de/10010825296
In the past dozen years, a literature has developed arguing that urbanization has unfolded differently in post-independence Sub-Saharan Africa than in the rest of the developing world, with implications for African economic growth overall. While African countries are more urbanized than other...
Persistent link: https://www.econbiz.de/10010829771
This article presents some new estimates of the degree of returns to scale for European regional manufacturing, for the period 1986—2002. To obtain these estimates, the article makes use of a Verdoorn law framework, estimating both demand- and supply-side versions of the law. Estimation...
Persistent link: https://www.econbiz.de/10010775028