Showing 1 - 10 of 53
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10008476318
This paper aims at testing the degree of interaction between Portuguese municipalities’ expenditure levels by estimating a dynamic panel model, based on jurisdictional reaction functions. The analysis is performed for all 278 Portuguese mainland municipalities from 1986 to 2006, using...
Persistent link: https://www.econbiz.de/10009210961
This paper estimates the impact of recorded domestic property crime on property prices in the London area. Crimes in the Criminal Damage category have a significant negative impact on prices. Burglaries have no measurable impact on prices, even after allowing for the potential dependence of...
Persistent link: https://www.econbiz.de/10005797297
Using US firm level panel data we simultaneously assess the contributions to productivity of three potential sources of research and development spillovers: geographic, technological, and product market ("horizontal"). To do so, we construct new measures of geographic proximity based on the...
Persistent link: https://www.econbiz.de/10008646246
This work analyses the evolution of real public expenditures of local and regional administrations (LRA), in Portugsl, in the period after the Second World War. It also aims to estimate the elasticities associated to determinants, which explain the found growth. As most relevant results, it is...
Persistent link: https://www.econbiz.de/10005572449
geography. The same economic forces influence simulataneously growth, convergence, and spatial agglomeration and clustering …
Persistent link: https://www.econbiz.de/10005016794
This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth û both empirical and theoretical û distinguish from previous work in three distinct...
Persistent link: https://www.econbiz.de/10005017002
capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD …
Persistent link: https://www.econbiz.de/10005017079
productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10005256474
degree of convergence could be identified over time, distinguishing between a country’s convergence with a regional partner … and a more general trend of convergence with the rest of the world. The results showed that in the majority of cases there … has been an increase in the degree of convergence of demand shocks in recent years. More importantly, it also showed an …
Persistent link: https://www.econbiz.de/10005771626