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convergence rate across the U.S. is about 7 percent per year – higher than the 2 percent normally found with OLS in cross …-country, U.S. state, and European region samples. Estimated convergence rates for 32 individual states are above 2 percent with … an average of 8.1 percent. For 29 states the convergence rate is above 2 percent with 95 percent confidence. For seven …
Persistent link: https://www.econbiz.de/10005118829
participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …
Persistent link: https://www.econbiz.de/10005076554
. It is also shown that divergence or convergence may arise instead of overtaking, depending on the initial levels of …
Persistent link: https://www.econbiz.de/10005556070
This paper examines the effect of inequality on growth among the sub- national states in India. Theoretically, growth of the regional economy is driven by productive public investment in the provision of health and education services financed by a linear output tax, and the optimum tax rate is...
Persistent link: https://www.econbiz.de/10005118699
Persistent link: https://www.econbiz.de/10005062402
In earlier papers on “Socialist privatization” Feige proposed a sequential set of stabilization, privatization and liberalization policies designed to provide the necessary, albeit not sufficient conditions, for a transition from a planned to a market economy. An important component of the...
Persistent link: https://www.econbiz.de/10005118677
applied for full membership in the European Union. The results support convergence in general, but indicate a wide disparity … in the degree of convergence. From the real exchange rate standpoint the paper identifies the best candidates to join the …
Persistent link: https://www.econbiz.de/10005062689
This paper analyzes the per-capita incomes convergence process across 140 NUTS2 European regions during the period 1980 … whether the cross-regions income distribution shows evidence of convergence, i.e a tendency for the steady-state distribution …-sectionally correlated panels. Unlike other studies, we find evidence of convergence among the EU regions. When looking at the distribution …
Persistent link: https://www.econbiz.de/10005407685
durant la dernière décennie et à partir de là, déceler une éventuelle possibilité de convergence. …
Persistent link: https://www.econbiz.de/10005407701
fragilités, l’utilisation des procédures d’agrégation multicritère permettra de mesurer le degré de convergence des pays du …
Persistent link: https://www.econbiz.de/10005408189