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This article analyzes empirically the main existing theories on income and population city growth: increasing returns to scale, locational fundamentals and random growth. To do this we implement a threshold nonlinearity test that extends standard linear growth regression models to a dataset on...
Persistent link: https://www.econbiz.de/10014041968
panel Granger causality analysis based on annual data for 8 transition countries, covering the period 1995-2011. The main …
Persistent link: https://www.econbiz.de/10011844751
have been conducted for both time series and panel data. When using such methods several issues arise: the effects of a … short time dimension, in a panel context the effects of cross-sectional dependence, and the presence of nonlinear … Ushaped relationship between GDP and CO2 emissions. -- Carbon Kuznets Curve ; panel data ; unit roots ; cointegration …
Persistent link: https://www.econbiz.de/10009736660
Persistent link: https://www.econbiz.de/10003387294
economic growth. Our empirical validation is based on a panel data application for our MENA region over a long period of 20 …
Persistent link: https://www.econbiz.de/10012864094
The standard approach to the Environmental Kuznets Curve (EKC) holds that as a country develops and GDP per capita grows environmental degradation initially increases but eventually it reaches a turning point where environmental degradation begins to decline. Environmental degradation takes many...
Persistent link: https://www.econbiz.de/10012694466
single and double threshold effects thus justifying the acceptance of a nonlinear panel regression model against a linear one …
Persistent link: https://www.econbiz.de/10013342706
-based semiparametric system of simultaneous equations estimators for panel data and prove that our estimators are consistent and …
Persistent link: https://www.econbiz.de/10013235030
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an "emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10014060779
This paper casts doubt on empirical results based on panel estimations of an "inverted-U" relationship between per …
Persistent link: https://www.econbiz.de/10014124439