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By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
regions, we find evidence for conditional convergence with speed around two percent. The convergence process between countries … is dominated by the catching up process of regions in Central and Eastern Europe (CEE), whereas convergence within …
Persistent link: https://www.econbiz.de/10009733219
Persistent link: https://www.econbiz.de/10011346557
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convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …
Persistent link: https://www.econbiz.de/10014134744
decentralization, causing a sudden halt of a twenty-year strong process of regional convergence …
Persistent link: https://www.econbiz.de/10013106241
income convergence across 255 NUTS-2 European regions for the period 1995-2005. We show that the choice of a spatial weight … attached to the model covariates. We also show that estimates of the speed of income convergence across European regions depend … of model uncertainty, the posterior distribution of the speed of convergence parameter appears bimodal, with a large …
Persistent link: https://www.econbiz.de/10009735341
productivity convergence observed across the European regions in the 1980s. The potential of an explanation of convergence based in … therefore on convergence) implied by the theory of the dual economy. We use the database Regio-Eu set up by CRENoS, with … of the whole process of convergence. Ignoring such components could lead to misleading interpretations of the relative …
Persistent link: https://www.econbiz.de/10014073863