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A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent

Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Institute - 2005

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

Persistent link: https://www.econbiz.de/10005144527

The determinants of Italy's regional imbalances over the long run: exploring the contributions of human and social capital

Felice, Emanuele - Department of Economics, Oxford University - 2011

inequality in Italy. More particularly, convergence in value added per capita across Italy's regions is tested (through both …

Persistent link: https://www.econbiz.de/10011004271

Family Structure and the Education Gender Gap: Evidence from Italian Provinces

Bertocchi, Graziella; Bozzano, Monica - CESifo - 2013

We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....

Persistent link: https://www.econbiz.de/10010877959

Cognitive ability, character skills, and learning to play equilibrium: A level-k analysis

Gill, David; Prowse, Victoria - Department of Economics, Oxford University - 2014

In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...

Persistent link: https://www.econbiz.de/10011004460

International Comparisons of Sectoral Energy- and Labour-Productivity Performance: Stylised Facts and Decomposition of Trends

Mulder, Peter; Groot, Henri L.F. de - Tinbergen Institute - 2004

This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition...

Persistent link: https://www.econbiz.de/10005144433

Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?

Dalen, Hendrik P. van - Tinbergen Institute - 2007

How does global aging affect the convergence in global economic development? Both the developing and developed world …

Persistent link: https://www.econbiz.de/10005144475

Convergence and Stability in US Regional Employment

Glyn, Andrew; Rowthorn, Robert - Department of Economics, Oxford University - 2002

It is widely believed that regional labour markets in the USA are highly flexible, so that employment shocks have only transitory effects on joblessness since induced migration quickly offsets much of the initial impact. However time-series analysis of the response to shocks is very sensitive to...

Persistent link: https://www.econbiz.de/10010604964

GMM Estimation of Empirical Growth Models

Bond, Stephen; Hoeffler, Anke - Department of Economics, Oxford University - 2001

This paper highlights a problem in using the first-differenced GMM panel data estimator to estimate cross-country growth regressions. When the time series are persistent, the first-differenced GMM estimator can be poorly behaved, since lagged levels of the series provide only weak instruments...

Persistent link: https://www.econbiz.de/10010605272

Reaching Market Equilibrium Merely by Bilateral Barters

Flåm, Sjur Didrik - CESifo - 2013

convergence to market equilibrium. It is expedient that some parties have differentiable objectives or make strictly feasible …

Persistent link: https://www.econbiz.de/10010721608

It’s a Big World After All

Brakman, Steven; Marrewijk, Charles van - CESifo - 2007

distance. Furthermore, there is little evidence of income convergence. Using various methods and data sets, we show that many …

Persistent link: https://www.econbiz.de/10005766052