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In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 … stochastic convergence trajectories to assess the role of first nature geography, which is defined by variations in physical …, in causing economic growth convergence patterns. We find that western and northern parts of Europe have higher pairwise …
Persistent link: https://www.econbiz.de/10014308640
This paper presents a macroeconomic evaluation of the impact of the Horizon 2020 funds, carried out using the spatial dynamic general equilibrium model RHOMOLO. The policy disbursement data used to feed the model relate to the actual use of the funds over the period 2014-2021, so this is...
Persistent link: https://www.econbiz.de/10014472098
We present an analysis on cohesion policy investments in the regions of Romania using the spatial dynamic general equilibrium model RHOMOLO in order to provide useful insights on the 2021-2027 programmes and their implications for growth and development. The analysis is based on a hypothetical...
Persistent link: https://www.econbiz.de/10013256651
Persistent link: https://www.econbiz.de/10008650658
Since the Second World War the West German states show persistent differences in their standard of living. The explanation of the incomplete catching-up process within West Germany is of crucial interest. After identifying productivity as the major growth driving force, this paper investigates...
Persistent link: https://www.econbiz.de/10009236493
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