Showing 1 - 7 of 7
Despite large regional policy expenditures, regional inequalities in Europe have not narrowed substantially over the last two decades, and by some measures have even widened. Income differences across states have fallen, but inequalities between regions within each state have risen. European...
Persistent link: https://www.econbiz.de/10005124014
markets in Europe, and some people have argued that it has induced a convergence in industrial structures across countries … time period 1994 to 1998, we do not find strong evidence for ‘convergence’ in manufacturing in Europe. ‘Full’ convergence … some form of conditional convergence is observed. A Gibrat process best describes the growth of very large and mature firms …
Persistent link: https://www.econbiz.de/10005136467
Periods for european convergence Real convergence of european economies is disputed in recent studies which suggest an … opposition between real and nominal convergence. This paper enlarges the perspective and considers real convergence over … highlights the distinction between p- and CJ-convergence. Finally, national specific performances, as measured by residuals to …
Persistent link: https://www.econbiz.de/10010707950
This paper reviews the history, economic rationale and main components of the project of establishing a monetary union in Europe by 1999. The adoption of a single currency is shown to be the best available option following the liberalization of capital movements. Much of the institutional design...
Persistent link: https://www.econbiz.de/10005666857
The balance of global power is undergoing a tectonic shift, with “developing” countries such as India, Turkey, Brazil, Mexico, Indonesia, and South Africa now asserting their influence. These countries subtly redefine our notion of “strong” and “weak” economics and the relationship...
Persistent link: https://www.econbiz.de/10011072518
On the basis of a large (new) dataset of cities in Europe, North Africa and the Middle East in the millennium between 800 and 1800, we try to provide an answer to the question why, during this millennium, the urban center of gravity moved from Iraq (or more generally the Arab world) to Western...
Persistent link: https://www.econbiz.de/10005504754
This paper examines whether, given the increasing salience of subnational governments, political decentralisation has an impact on overall economic performance. It uses panel data analyses in order to determine the association between a number of the different indices of political...
Persistent link: https://www.econbiz.de/10008854514