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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
economic and monetary factors. Furthermore, we show no evidence of price convergence in a group of entire regions although … there is some evidence of convergence in subgroups. These results suggest that diversified regional inflation can exist …
Persistent link: https://www.econbiz.de/10008680972
requirement of maintaining a high economic performance of their economies by convergence and competitiveness strategies, so that …
Persistent link: https://www.econbiz.de/10011108218
Competitiveness is a concept referred to as a sine qua non condition of growth, at both micro and macroeconomic level. But there are few approaches looking at the single currency as an instrument of competitiveness measuring and promotion. The single currency represents a right step in the...
Persistent link: https://www.econbiz.de/10011112750
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 present study analyzes the economic Japanese performance according to Marxist political economy. In that sense, an estimation of the valorization process categories is made: profit rate, surplus rate, value capital composition and turnover speed. The Japanese economy is passing through a...
Persistent link: https://www.econbiz.de/10011260664
Past and future evolution of inflation, p(t), and unemployment, UE(t), in Japan is modeled. Both variables are represented as linear functions of the change rate of labor force level. These models provide an accurate description for disinflation in the 1990s and deflationary period in the 2000s....
Persistent link: https://www.econbiz.de/10005260050
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By investigating how the rebalancing of Japan’s economic growth mode was realized in the 1970s, we indicate that it is essential in the rebalancing to correct the distortions in...
Persistent link: https://www.econbiz.de/10009226815