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On the relevance of exports for regional output growth in China

Dreger, Christian; Zhang, Yanqun - 2013

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...

Persistent link: https://www.econbiz.de/10009688451

Does accounting for spatial effects help forecasting the growth of Chinese provinces?

Girardin, Eric; Cholodilin, Konstantin Arkadʹevič - 2009

In this paper, we make multi-step forecasts of the annual growth rates of the real GRP for each of the 31 Chinese provinces simultaneously. Beside the usual panel data models, we use panel models that explicitly account for spatial dependence between the GRP growth rates. In addition, the...

Persistent link: https://www.econbiz.de/10003889550

European regional convergence in a human capital augmented solow model

Eckey, Hans-Friedrich (contributor); … - 2006

In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional … control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3 … in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK …

Persistent link: https://www.econbiz.de/10003386580

Local banking and local economic growth in Italy : some panel evidence

Caporale, Guglielmo Maria; Di Colli, Stefano; Di Salvo, … - 2014

This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level - the Italian "province") in Italy. A comprehensive dataset is used, which includes control variables for social capital and human capital as well as indicators of the quality of...

Persistent link: https://www.econbiz.de/10010406692

Contribution to productivity or pork barrel? : The two faces of infrastructure investment

Cadot, Olivier (contributor); … - 2004 - [Elektronische Ressource], rev

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

Persistent link: https://www.econbiz.de/10002424392

Economic effects of transportation infrastructure quantity and quality : a study of German counties

Gaus, Dennis; Link, Heike - 2020

In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic production. We exploit an extensive panel dataset on the German county level (N=401), expressing the capital value and condition of highways between 2007 and 2016, to estimate a...

Persistent link: https://www.econbiz.de/10012156021

Measuring regional inequality by internet car price advertisements : evidence for Germany

Cholodilin, Konstantin Arkadʹevič; Siliverstovs, Boriss - 2010

We suggest to use Internet car sale price advertisements for measuring economic inequality between and within German regions. Our estimates of regional income levels and Gini indices based on advertisements are highly, positively correlated with the official figures. This implies that the...

Persistent link: https://www.econbiz.de/10009260252

Productivity differences in the European Union : national, regional and spatial effects

Geppert, Kurt; Gornig, Martin; Stephan, Andreas - 2003

Using panel data on European regions and applying Analysis of Covariance, our study provides an empirical assessment of the relative importance of national, regional and spatial factors for explaining variations of productivity. Our analysis shows that initial economic conditions or...

Persistent link: https://www.econbiz.de/10011439298

The European debt crisis and fiscal reaction functions in Europe 2000 - 2012

Baldi, Guido; Stæhr, Karsten - 2013

After the global financial crisis, some governments in the EU experienced serious debt financing problems, while others were less affected. This paper seeks to shed light on the divergent fiscal performance by assessing the fiscal conduct in the EU countries before and after the outbreak of the...

Persistent link: https://www.econbiz.de/10009745191

Optimal fiscal policy in an economy facing socio-political instability

Ghate, Chetan; Le, Quan Vu; Zak, Paul J. - 2002

We present a model of optimal government policy when policy choices may exacerbate socio-political instability (SPI). We show that optimal policy that takes into account SPI transforms a standard concave growth model into a model with both a poverty trap and endogenous growth. The resulting...

Persistent link: https://www.econbiz.de/10011437000