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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
This paper analyzes the relationship between human capital and convergence with a model that takes into account the … different effects of human capital accumulation on regional convergence. As an input, human capital produces convergence due to … convergence rate has been relatively small. The results indicate the potential role of educational policy in order to achieve a …
Persistent link: https://www.econbiz.de/10005212521
kinds of firms and, on this ground, to analyze whethercompetition leads to the homogeneization (convergence) of product …
Persistent link: https://www.econbiz.de/10005256854
, based on the factor productivity and efficiency measures, the study discusses the existence of technological convergence …
Persistent link: https://www.econbiz.de/10008599649
We consider a continuous spatial economy consisting of pure exchange local economies. Agents are allowed to change their location over time as a response to spatial utility differentials. These spatial adjustments toward higher utility neighborhoods lead the spatial economy to converge to a...
Persistent link: https://www.econbiz.de/10005812849
-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