Showing 1 - 10 of 63
In this paper we outline (i) why ó-convergence may not accompany â- convergence, (ii)cite evidence of â-convergence in … the U.S., (iii) and use USA county-level data containing over 3,000 cross-sectional observations to demonstrate that ó-convergence …
Persistent link: https://www.econbiz.de/10005412590
We use county data with 3,058 observations to study growth and convergence in the US. We assess the effect of 40 … convergence rates around 2 percent, but 3SLS yields 6–8 percent; (2) convergence rates vary across the U.S. E.g., Southern …
Persistent link: https://www.econbiz.de/10005412718
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
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS … and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates … around 2 percent; 3SLS yields 6–8 percent; (2) convergence rates vary (e.g., the Southern rate is 2.5 times the Northeastern …
Persistent link: https://www.econbiz.de/10005076836
La conceptualización de los Sistemas Regionales de Innovación (Cooke y Morgan, 1993; Autio et al., 2004) puede ser considerada como una extensión y/o adaptación del concepto de los Sistemas Nacionales de Innovación surgidos a partir de los trabajos de Freeman (1987), Nelson (ed., 1993) y...
Persistent link: https://www.econbiz.de/10005412804
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...
Persistent link: https://www.econbiz.de/10005561213
This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian … regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate …
Persistent link: https://www.econbiz.de/10005125010
What drives capital inflows in the long run? Do they follow the predictions of neoclassical theory, or are other forces at work? The purpose of this paper is to illustrate how long-term capital movements conform surprisingly well to the predictions of a simple neoclassical model with credit...
Persistent link: https://www.econbiz.de/10005126431
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
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