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Strategic Interaction in Local Fiscal Policy: Evidence from Portuguese Municipalities

Silva, Hélia; Veiga, Linda Gonçalves; Portela, Miguel - Núcleo de Investigação em Políticas Económicas … - 2011

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

Infrastructures and productivity: an updated survey

Fuente, Angel de la - Departament d'Economia i Història Econòmica, … - 2010

The relationship between infrastructures and productivity has been the subject of an ongoing debate during the last two decades. The available empirical evidence is inconclusive and its interpretation is complicated by econometric problems that have not been fully solved. This paper surveys the...

Persistent link: https://www.econbiz.de/10008494153

Testing, not modelling, the impact of Cohesion support: a theoretical framework and some preliminary results for the Spanish regions

Fuente, Angel de la - Departament d'Economia i Història Econòmica, … - 2010

This paper develops a simple model that can be used to estimate the effectiveness of Cohesion expenditure relative to similar but unsubsidized projects, thereby making it possible to explicitly test an important assumption that is often implicit in estimates of the impact of Cohesion policies....

Persistent link: https://www.econbiz.de/10008615451

Elasticities of Regional and Local Administrations Expenditures - the Portuguese case

Mourão, Paulo Reis - Núcleo de Investigação em Políticas Económicas … - 2005

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

Asymmetry of Shocks and Convergence in Selected Asean Countries: A Dynamic Analysis

Cortinhas, Carlos - Núcleo de Investigação em Políticas Económicas … - 2006

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

Convergence across countries and regions: theory and empirics

Fuente, Angel de la - Departament d'Economia i Història Econòmica, … - 2002

This paper surveys the recent literature on convergence across countries and regions. I discuss the main convergence … exploring the role of alternative convergence mechanisms and the possible shortcomings of panel data techniques for convergence …

Persistent link: https://www.econbiz.de/10005168472

The causal effect of education on aggregate income

Soto, Marcelo - Departament d'Economia i Història Econòmica, … - 2009

Empirical studies assume that the macro Mincer return on schooling is con- stant across countries. Using a large sample of countries this paper shows that countries with a better quality of education have on average relatively higher macro Mincer coeficients. As rich countries have on average...

Persistent link: https://www.econbiz.de/10005082667

System GMM Estimation With A Small Sample

Soto, Marcelo - Departament d'Economia i Història Econòmica, … - 2009

Properties of GMM estimators for panel data, which have become very popular in the empirical economic growth literature, are not well known when the number of individuals is small. This paper analyses through Monte Carlo simulations the properties of various GMM and other estimators when the...

Persistent link: https://www.econbiz.de/10005082668

Seeds of hope: Assessing the effect of development aid on the reduction of child mortality

Burguet, Roberto; Soto, Marcelo - Departament d'Economia i Història Econòmica, … - 2011

The Millennium Declaration (2000) set as one of its targets a substantial reduction in child mortality. This paper studies whether the massive increase in development aid can account for part of the reduction in child mortality observed in developing countries since the year 2000. To do so, we...

Persistent link: https://www.econbiz.de/10009369429

Labor productivity in Europe: Evidence from a sample of regions

Artige, Lionel; Nicolini, Rosella - Departament d'Economia i Història Econòmica, … - 2006

The present paper aims at analyzing the sources of productivity in Europe to account for its recent underperformance and identify potential geographic idiosyncracies. We study the productivity performance and its sources in a sample of ten European regions belonging to four countries (France,...

Persistent link: https://www.econbiz.de/10005823891