Showing 1 - 10 of 26
Using panel data, this paper explores the role of infrastructure and human capital in the convergence of income levels … reject the hypothesis of non-convergence in per capita incomes of UE countries, but the results do not support the hypothesis … that the speed of convergence is affected by infrastructures. …
Persistent link: https://www.econbiz.de/10005021900
The paper tried to contribute to the theory of the location of the bank services. At first, there was strong evidence showing that the bank location not only depended on economical factors. The developed model and the results found in the spatial econometrics analysis demonstrated that there is...
Persistent link: https://www.econbiz.de/10008738805
This paper tests the convergence hypothesis across the EU NUTS II regions between 1990 and 2001. It does that using the … working-age person. The results show that there is convergence of output per capita and productivity, but not of output per … working-age person. This is due to the fact that the evolution of demography plays in favour of convergence while employment …
Persistent link: https://www.econbiz.de/10005021905
Persistent link: https://www.econbiz.de/10003930144
Persistent link: https://www.econbiz.de/10009782655
Capital flows are expected to be important in the process of economic growth for several reasons. One of them is their importance in relaxing the balance of payments constraints as envisaged by Thirlwall’s law, which states that when economic growth takes place, the level of imports also...
Persistent link: https://www.econbiz.de/10005086371
The aim of this paper is to show theoretically and empirically that undervalued real exchange rate has positive effects over economic growth on developing countries. We analyze the relationship between growth, exchange rate and productive heterogeneity by means of a Keynesian-Structuralist...
Persistent link: https://www.econbiz.de/10008738802
The objective of this study is to evaluate the different channels in which human capital affects income level and growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor. The human capital proxy that will be used is years of...
Persistent link: https://www.econbiz.de/10004968775
The role of human capital on the development process has been recognized as a crucial element by many researchers. Nevertheless, many empirical results have showed no correlation between human capital and income per capita level or between human capital and growth rates. It is argued that the...
Persistent link: https://www.econbiz.de/10005056965
By using the Minskyan approach of financial instability and the neo-schumpeterian approach to the relationship between the National System of Innovation (NSI) and economic competitiveness, a standard was obtained for growth cycles of economies whose NSI shows deficiencies when compared with the...
Persistent link: https://www.econbiz.de/10005029970