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The Impact of Local Decentralization on Economic Growth : Evidence from U.S. Counties

Hammond, George W. - 2009

We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...

Persistent link: https://www.econbiz.de/10013153508

Past Dominations, Current Institutions and the Italian Regional Economic Performance

Di Liberto, Adriana - 2015

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional performance calculated using data on the provision of different areas of public services. In order to address...

Persistent link: https://www.econbiz.de/10013029621

The Phantom of the Opera : Cultural Amenities, Human Capital, and Regional Economic Growth

Falck, Oliver - 2020

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10012857538

Local Employment Growth in West Germany : A Dynamic Panel Approach

Blien, Uwe; Suedekum, Jens; Wolf, Katja - 2021

In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...

Persistent link: https://www.econbiz.de/10013318319

Measuring subnational economic complexity : an application with Spanish data

Pérez-Balsalobre, Santiago; Llano Verduras, Carlos; … - 2019

predictors of future GDP growth. These findings shed light on the determinants of regional convergence patterns. …

Persistent link: https://www.econbiz.de/10012030312

Estimating road transport costs between EU regions

Persyn, Damiaan; Díaz-Lanchas, Jorge; Barbero, Javier - 2019

Transport costs are a crucial element of any spatial economic model. Surprisingly, good transport cost estimates at a detailed spatial level for the EU are not readily available. In this paper we address this issue by estimating a novel dataset of road freight transport costs for goods for the...

Persistent link: https://www.econbiz.de/10011992499

The determinants and dynamics of regional convergence in the EU

Arvanitopoulos, Theodoros; Lazarou, Nicholas-Joseph - 2023

In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 … stochastic convergence trajectories to assess the role of first nature geography, which is defined by variations in physical …, in causing economic growth convergence patterns. We find that western and northern parts of Europe have higher pairwise …

Persistent link: https://www.econbiz.de/10014308640

The impact of Cohesion Policy 2007-2015 in EU regions : simulations with the RHOMOLO Interregional Dynamic General Equilibrium Model

Di Comite, Francesco; Lecca, Patrizio; Monfort, Philippe; … - 2018

In this paper we assess the system-wide economic impact of the key financial instruments adopted by the European Union for the implementation of the regional policy: The Structural funds and The Cohesion Funds. We take a bottom-up approach by aggregating the 86 categories of expenditures defined...

Persistent link: https://www.econbiz.de/10011981477

The RHOMOLO economic impact assessment of the R&I and Low-Carbon ERDF Investment programme in Apulia, Italy

Di Comite, Francesco; Diukanova, Olga; Mandras, Giovanni; … - 2018

In this note we present the economic impact assessment of the European Regional Development Fund (ERDF) for thematic objectives TO1 "Research and innovation" and TO4 "Low-carbon economy" in the region of Apulia, Italy. The results are based on the RHOMOLO-IO demand multiplier analysis and on...

Persistent link: https://www.econbiz.de/10011981489

A scenario analysis of the 2021-2027 European Cohesion Policy in Bulgaria and its regions

Crucitti, Francesca; Lazarou, Nicholas-Joseph; Monfort, … - 2021

We employ the spatial dynamic general equilibrium model RHOMOLO to estimate the economic impact of the 2021-2027 Cohesion Policy in Bulgarian NUTS-2 regions and analyse the implications for growth and development in Bulgaria. The main investment areas covered by the policy fall into the...

Persistent link: https://www.econbiz.de/10012622842