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Space and Growth
Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011256152
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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 Instituut - 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/10011255754
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Spatial Patterns of Technology Diffusion: An Empirical Analysis using TFP
Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2004
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10011256081
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Long-term Issues for Fiscal Sustainability in Emerging Asia
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2013
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134336
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Long-term Issues for Fiscal Sustainability in Emerging Asia
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2013
The aftermath of the global financial crisis of 2007–08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly...
Persistent link: https://www.econbiz.de/10011134367
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Asia’s Post-Global Financial Crisis Adjustment : A Model-Based Dynamic Scenario Analysis
Kawai, Masahiro; Zhai, Fan - East Asian Bureau of Economic Research (EABER) - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10011278041
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Japan’s Post-Triple-Disaster Growth Strategy
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2012
The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and the fourth largest recorded in the world. The scope of the disaster far exceeded that of the Hanshin Earthquake of 1995. The repercussions of this disaster spread far...
Persistent link: https://www.econbiz.de/10011278121
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Asia’s Post-Global Financial Crisis Adjustment : A Model-Based Dynamic Scenario Analysis
Kawai, Masahiro; Zhai, Fan - East Asian Bureau of Economic Research (EABER) - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10011278136
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Asia’s Post-Global Financial Crisis Adjustment : A Model-Based Dynamic Scenario Analysis
Kawai, Masahiro; Zhai, Fan - East Asian Bureau of Economic Research (EABER) - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10011278194
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Japan’s Post-Triple-Disaster Growth Strategy
Kawai, Masahiro; Morgan, Peter J. - East Asian Bureau of Economic Research (EABER) - 2012
The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and the fourth largest recorded in the world. The scope of the disaster far exceeded that of the Hanshin Earthquake of 1995. The repercussions of this disaster spread far...
Persistent link: https://www.econbiz.de/10011278232