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proposed modeling framework is then used to identify convergence clubs in the context of U.S. county-level economic growth over …
Persistent link: https://www.econbiz.de/10009443233
One of the major shortcommings of past environmental Kuznets curve (EKC) studies is that the spatiotemporal aspects within the data have largely been ignored. By ignoring the spatial aspect of pollution emissions past estimates of the EKC implicitly assume that a region’s emissions are...
Persistent link: https://www.econbiz.de/10009444318
This article analyses determinants for 2001 farmland rental prices from 4376 farms in Germany. We derive our regression equation from a spatial reaction function to allow for spatial transmission of rental prices. Results from a general spatial model show that a € 1 per hectare higher rental...
Persistent link: https://www.econbiz.de/10009444847
growth and convergence from a time series perspective focusing on regional labor markets. The second paper uses microdata to … evaluate what is termed conditional sigma convergence. Finally, the third paper uses innovations, as proxied by patents, and … “Stochastic Convergence and Regional Disparities: An Application to Urban Wages in Colombia” develops a model for real wages in …
Persistent link: https://www.econbiz.de/10009477831
Economic integration and mobility of capital have set the ground for a significant competition over resources. Tax competition for internationally mobile tax bases such as foreign direct investments has become an important matter of study. Nevertheless, literature has focused on a regional or...
Persistent link: https://www.econbiz.de/10009463392
Using a data set of Wake County, North Carolina, property sales for the period 1992-2000, this study provides evidence as to the acceptability of spatial aggregation in hedonic property value models. Both statistical tests and tests based upon prediction errors are performed in order to identify...
Persistent link: https://www.econbiz.de/10009431197
Several studies have shown evidence of price convergence between countries in the European Union (EU) since the … the coefficient of variation. The results show little evidence of price convergence for non-residential construction for … either country group. This is shown to be in contrast with convergence that is evident in the prices of other product groups …
Persistent link: https://www.econbiz.de/10009441585
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also … support output convergence and suggest that the findings of convergence clubs in the literature might be spurious. However …
Persistent link: https://www.econbiz.de/10009441996
The paper starts from the critiques to the Barro-style methodology for convergence analysiswith the aim of reviewing … convergence inEurope that cannot be adequately captured by the non-spatial growth regression models thathave dominated the … research and policy debate in this field. Evidence for convergence andspatial dependence emerges especially when estimations …
Persistent link: https://www.econbiz.de/10009443748
, conditional and sigma convergence of GDP growth per capita in the farming field forthe brasilian states in the period of 1980 to … existence of sigma convergence. …
Persistent link: https://www.econbiz.de/10009443814