Showing 1 - 10 of 22
This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...
Persistent link: https://www.econbiz.de/10011258610
Using a spatial hedonic growth model, this paper empirically examines the relative roles of natural amenities and urban agglomeration economies as determinants of U.S. regional growth patterns from 2000 to 2010. Natural amenities and urban agglomeration are measured using the USDA Economic...
Persistent link: https://www.econbiz.de/10011112539
Assessing regional growth and convergence across Europe is a matter of primary importance, either in light of the … structural heterogeneities and spatial effects could fail to detect club convergence phenomena. In this paper, we adopt a … spatially filtered mixture regression approach that endogenously identifies regional clubs of beta-­convergence, in order to …
Persistent link: https://www.econbiz.de/10005756561
the regional output per worker and raises the speed of convergence. By contrast, the pure geographical metrics is … underperforming, while underestimating the convergence dynamics. …
Persistent link: https://www.econbiz.de/10008855341
In this work we will analyze the spatial correlation of poverty and inequality (FGT0 and FGT1) in Bolivia using data at municipal level, we also study the determinants of poverty using a spatial autoregressive model (SAR).
Persistent link: https://www.econbiz.de/10005836470
convergence in per capita income levels and that migration has a negative causal impact on regional growth rates. Although the …
Persistent link: https://www.econbiz.de/10005619903
convergence in per capita income levels and that migration has a negative causal impact on regional growth rates. Although the …
Persistent link: https://www.econbiz.de/10005621477
Regional migration and growth are increasingly associated with high-quality in situ natural amenities. However, most of the previous U.S. research has focused on the natural amenities of the Mountain West or the South. The Great Lakes, with their abundant fresh water and natural amenities, would...
Persistent link: https://www.econbiz.de/10011109109
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in a larger measure than counterbalancing increases thanks...
Persistent link: https://www.econbiz.de/10008540106
Economic development is associated with the shift of production from the traditional sector (e.g. traditional agriculture and the urban informal sector) to the modern sector (e.g. modern manufacturing and commercial agriculture). Human capital accumulation, particularly, education and job...
Persistent link: https://www.econbiz.de/10008476367