Showing 1 - 10 of 46
This paper focuses on the role of interregional technology spillovers in the process of industrial growth in Chinese regions in the period 1990-2005. Inflows of FDI increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D investment accelerated after 1998. Regional industrial...
Persistent link: https://www.econbiz.de/10010712310
We propose a method for spatial principal components analysis that has two important advantages over the method that Wartenberg (1985) proposed. The first advantage is that, contrary to Wartenberg's method, our method has a clear and exact interpretation: it produces a summary measure...
Persistent link: https://www.econbiz.de/10010712084
Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...
Persistent link: https://www.econbiz.de/10010712126
This paper examines how publicly provided inputs could affect income distribution. By applying the Newman-Read production function- a generalized Cobb-Douglas production function- to Hicks's idea of the determinant of factor share, such usually complex dynamics remain analytically tractable. The...
Persistent link: https://www.econbiz.de/10010856311
Public capital investment plays an important role in long run growth through enhancing productivity and complementing the accumulation of private inputs. Under appropriate conditions, public capital could also have important implications for income distribution dynamics. When the credit market...
Persistent link: https://www.econbiz.de/10010856324
The determinants of the regional allocation of transportation and communication investments are analysed for the twenty-six statistical regions of Turkey for the years 1999 through 2011. A unique regional GVA series covering this period is constructed for this purpose. We specifically account...
Persistent link: https://www.econbiz.de/10010856386
We provide a reappraisal of income convergence across European regions over the period 1990-2005 by using a … initial GDP per capita. Estimation results point out both country heterogeneity and non-linearity in the convergence process …. Only low income regions converge while there is little evidence of convergence for higher income regions. …
Persistent link: https://www.econbiz.de/10010712227
This paper develops a model positing a nonlinear relationship between public investment and growth. The model is then applied to a panel of African countries using nonlinear estimating procedures. The growth-maximizing level of public investment is estimated at about 10 percent of GDP based on...
Persistent link: https://www.econbiz.de/10011004599
This paper analyses the impact of government R&D on the macro-economy of South Africa. The empirical estimates of the impact of R&D are based on the backward and forward linkages of a macro-economy, within a national innovation system (NIS). There are structural implications of the study, namely...
Persistent link: https://www.econbiz.de/10010712004
The sign of worker remittances in growth regressions is heavily disputed in the literature. Comparing two growth regressions with different signs for the remittance variable we show that collinearity with the lagged dependent variable might indicate that collinearity should be investigated...
Persistent link: https://www.econbiz.de/10010712006