Similar Search Results

Spatial panel data analysis with feasible GLS techniques: An application to the Chinese real exchange rate

Hall, Stephen G.; Guo, Qian - In: Economic Modelling 29 (2012) 1, pp. 41-47

Recent panel data approaches stress the importance of the location interdependence. Little has been done in the Balassa–Samuelson literature accounting for spatial dependence in the panel data context that allows for spatial autocorrelation. By utilising the recently developed Kapoor et al....

Persistent link: https://www.econbiz.de/10010599352

Investigating regional house price convergence in the United States: Evidence from a pair-wise approach

Holmes, Mark J.; Otero, Jesús; Panagiotidis, Theodore - In: Economic Modelling 28 (2011) 6, pp. 2369-2376

In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

Persistent link: https://www.econbiz.de/10011048876

Inequality convergence revisited: Evidence from stationarity panel tests with breaks and cross correlation

Lin, Pei-Chien; Huang, Ho-Chuan - In: Economic Modelling 29 (2012) 2, pp. 316-325

This paper empirically examines whether there exists stochastic convergence of income inequality among 48 contiguous … evidence in support of the hypothesis of inter-state inequality convergence. Moreover, the results are robust to alternative … inequality measures applied, different notions of stochastic convergence defined, and alternative panel stationary test employed. …

Persistent link: https://www.econbiz.de/10011048962

Institutions and geography: Empirical test of spatial growth models for European regions

Arbia, Giuseppe; Battisti, Michele; Di Vaio, Gianfranco - In: Economic Modelling 27 (2010) 1, pp. 12-21

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

Knowledge Structure and Regional Economic Growth: The French case

Quatraro, Francesco - HAL - 2011

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

Knowledge Coherence, Variety and economic Growth: Manufacturing Evidence from Italian Regions

Quatraro, Francesco - HAL - 2010

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

Does fiscal decentralization promote the inflow of FDI in China?

He, Qichun; Sun, Meng - In: Economic Modelling 43 (2014) C, pp. 361-371

This paper tests whether China's fiscal decentralization promotes the inflow of foreign direct investment (FDI). Using provincial panel data during 1995–2002, we find that fiscal decentralization has a positive and significant effect on inward FDI, after controlling for other factors, and...

Persistent link: https://www.econbiz.de/10010939681

Joint determinants of fiscal policy, income inequality and economic growth

Muinelo-Gallo, Leonel; Roca-Sagalés, Oriol - In: Economic Modelling 30 (2013) C, pp. 814-824

This paper analyses the relationship between income inequality and economic growth through fiscal policy. To this end, we present and estimate two systems of structural equations with error components through which gross income inequality determines different fiscal policy outcomes, which...

Persistent link: https://www.econbiz.de/10010608309

Evidence of Wagner's law from Indian states

Narayan, Seema; Rath, Badri Narayan; Narayan, Paresh Kumar - In: Economic Modelling 29 (2012) 5, pp. 1548-1557

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

Assessing fiscal episodes

Afonso, António; Jalles, João Tovar - In: Economic Modelling 37 (2014) C, pp. 255-270

In an OCDE panel, for the period 1970–2010, we assess the effects of fiscal consolidation episodes, with four different definitions. Our results reveal that lower final government consumption increases private consumption in three out of the four approaches, when a fiscal consolidation occurs,...

Persistent link: https://www.econbiz.de/10011048744