Showing 1 - 10 of 15
convergence speed of per capita income among municipios and test whether spatial externalities are linked to local income growth …. Conditionally on structural characteristics, we find evidence of convergence between municipios and of positive spatial dependence …
Persistent link: https://www.econbiz.de/10010707128
stable stylised fact, or whether it is a new phenomenon, the outcome of a process of convergence towards the current '50 …
Persistent link: https://www.econbiz.de/10010949350
presented for changes in productivity, as well as for several convergence tests. The results indicate that taking productivity … and convergence as performance indicators, regulation has been rather successful, in particular during a period where …
Persistent link: https://www.econbiz.de/10005207828
In this paper, we assess the Fujita, Krugman and Venables (FKV) nonlinear model of wage differentials. Using a spatial econometric model incorporating a spatial autoregressive error process, we estimate a quadratic form using cross-sectional data for 98 countries from 1970 to 2000. The evidence...
Persistent link: https://www.econbiz.de/10005783829
-industry restructuring in productivity growth, few studies have gone beyond the framework of the representative firm in examining convergence …
Persistent link: https://www.econbiz.de/10005749364
We analyse the development of labour productivity and hours worked by the working-aged population in the EU25 countries and other OECD countries in 1960-2004. We emphasise the possible effects of taxes, benefits and other labour-market variables. First, we describe the trends in productivity and...
Persistent link: https://www.econbiz.de/10005700261
Using a neo-classical growth model, we analyse the real and nominal GDP per capita convergence of 21 emerging market … physical capital intensities in the long run. Due to standard-convergence in the model, catching up will continue at a … decelerating speed. Also nominal convergence in prices that will lead to a real appreciation of the EME currencies with respect to …
Persistent link: https://www.econbiz.de/10005700340
that, from the 1980's onwards, we can accept the hypothesis of stochastic convergence between France, Germany and Japan, on …
Persistent link: https://www.econbiz.de/10010707010
A switching regression approach with imperfect sample separation information is used to determine convergence clubs …. Regime classification allows one to determine which countries belong to the related convergence clubs. Initial per capita GDP …
Persistent link: https://www.econbiz.de/10010707200
This paper brings together the latest data and OECD productivity indicators in different areas with the aim of reviewing the main productivity trends over the past decade, comparing the United States, Europe and to some extent Japan. Concerning economy wide indicators of productivity, the...
Persistent link: https://www.econbiz.de/10010708744