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This paper tests the hypothesis in the revised endogenous dynamic Solow model that there exists dynamic convergence to … the moving steady-state as a single economy grows. The convergence in the revised endogenous dynamic Solow model implies …, providing strong evidence to support the dynamic convergence hypothesis. …
Persistent link: https://www.econbiz.de/10010933311
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/10008495352
The paper investigate the effects of knowledge on economic growth at the regional level Methodology approach: We elaborate a view on knowledge as the result of a combinatorial search activity and implement indicators synthesizing the network architecture of knowledge structure Findings:...
Persistent link: https://www.econbiz.de/10010898708
This paper elaborates a view on knowledge as a result of a combinatorial search activity, so as to investigate its effects on economic growth at the regional level. Empirical estimations corroborate the hypothesis that knowledge coherence and variety, besides the traditional measure of knowledge...
Persistent link: https://www.econbiz.de/10010569153
In this paper, we test for Wagner's law for 15 Indian states. We consider nine panels of states based on geography and level of economic development. Using panel unit-root, panel-cointegration, and panel-Granger causality analysis, we unravel strong evidence of Wagner's law. However, we find...
Persistent link: https://www.econbiz.de/10010597531