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econometric convergence models by introducing interindustry spillovers in addition to spillovers that are spatial in nature. To …
Persistent link: https://www.econbiz.de/10015073307
Kaldor's 1970 paper 'The Case for Regional Policies' was republished in the sixtieth anniversary volume of the Scottish Journal of Political Economy. This paper reflects on the model after more than forty years, and argues that even though it has been criticised for its deterministic nature, it...
Persistent link: https://www.econbiz.de/10009766260
2010/11) by estimating cross section equations for unconditional and conditional beta (β) convergence and sigma (σ …) convergence across thirty two regions (twenty-eight States and four Union Territories). There is no evidence of unconditional … convergence, but weak evidence of conditional convergence controlling for population growth; credit growth; male literacy; the …
Persistent link: https://www.econbiz.de/10009781916
By applying the smile curve concept to regional value added growth rather than to levels, the paper claims that local value-added growth increases when a region is specialised in scarce natural resources or scarce human skills within a GVC. Under these circumstances, in fact, the region can...
Persistent link: https://www.econbiz.de/10014632715
convergence. Specifically, treating technology as sector-specific and modelling technological spillovers as a positive function of … an "extended" convergence equation. The latter is then estimated by means of Panel Data procedures and data on the … Italian regions over the 1970-1995 period. The results bring empirical support to our approach. -- Convergence ; Technology …
Persistent link: https://www.econbiz.de/10003156324
The aim of this paper is to test for the presence of dynamic increasing returns to scale in Spanish regional growth between 1962 and 1991. The theoretical framework within which this paper is based is the so-called Verdoorn's Law. Tests of the law are performed not only for the manufacturing...
Persistent link: https://www.econbiz.de/10011529294
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We study the features of regional business cycles and growth in Japan. We find evidence of unconditional convergence … over the 1955-2008 period. For the 1975-2008 period, we find evidence of convergence conditional on TFP gap, population …
Persistent link: https://www.econbiz.de/10011630759