Narrow search
Showing 1 - 10 of 1,243
Cover Image
Space and growth
Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
Cover Image
Schumpeterian growth with technological interdependence : an application to US states
Deeken, Tim - 2015
In this paper, the Schumpeterian growth model developed by Ertur and Koch (2011) that includes spatial interactions between units of observation working via R&D spillovers is presented in detail. The implications of this model and three additional growth models with and without spatial...
Persistent link: https://www.econbiz.de/10011379935
Cover Image
The elusive quest for the holy grail of an impact of EU funds on regional growth
Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019
We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...
Persistent link: https://www.econbiz.de/10012138778
Cover Image
The impact of local decentralization on economic growth : evidence from U.S. counties
Hammond, George W.; Tosun, Mehmet Serkan - 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/10003919883
Cover Image
Sectoral diversification as insurance against economic instability
Kluge, Jan - 2015
This paper examines the extent to which sectoral diversification can act as an insurance mechanism against fluctuations in regional gross value added growth rates. I apply portfolio theory to the growth-instability properties of German districts. Furthermore, I define a comprehensive...
Persistent link: https://www.econbiz.de/10011340174
Cover Image
Interpretation of structural parameters for models with spatial autoregression
Pietrzak, Michał Bernard - 2013
The main purpose of the article is to consider a important issue of spatial econometrics which is a proper interpretation of structural parameters of econometric models with spatial autoregression. The problem will be considered based on the example of the spatial SAR model. Another purpose of...
Persistent link: https://www.econbiz.de/10011997008
Cover Image
Is spatial bootstrapping a panacea for valid inference?
Klarl, Torben - 2013
Bootstrapping methods have so far been rarely used to evaluate spatial data sets. Based on an extensive Monte Carlo study we find that also for spatial, cross-sectional data, the wild bootstrap test proposed by Davidson and Flachaire (2008) based on restricted residuals clearly outperforms...
Persistent link: https://www.econbiz.de/10010239512
Cover Image
Moonshot : Public R&D and Growth
Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
Cover Image
Economic growth and convergence during the transition to production using automation capital
Dujava, Daniel; Lábaj, Martin - 2019
industrial robots replace low-skilled labour. We show that this has potential non-linear effects on σ-convergence and that the …
Persistent link: https://www.econbiz.de/10012125628
Cover Image
South-North convergence from a new perspective
Hübler, Michael - 2013
-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …
Persistent link: https://www.econbiz.de/10010204037