Showing 1 - 10 of 10
The authors set up a political economy equilibrium framework for personal income distribution. Located in status theory, their concept is able to explain what justifies a certain or optimal degree of inequality in the society. The authors present an empirical analysis of personal income...
Persistent link: https://www.econbiz.de/10012146968
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/10003387127
Convergence of EU regions is an often examined research question. However, there are no studies available which include … in their analysis the New Member States from the former Eastern Bloc. We estimate several models of absolute convergence … and of conditional convergence taking into account the different initial conditions of the regions from each country …
Persistent link: https://www.econbiz.de/10003363385
After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...
Persistent link: https://www.econbiz.de/10011525280
We study the strategic incentives of regional governments to allocate their budget to public investment and to public consumption expenditures against the background of an incentive-compatible redistribution policy set by the central government. Regional investment changes the productivity...
Persistent link: https://www.econbiz.de/10010429124
Persistent link: https://www.econbiz.de/10003950916
In view of regional income disparities this paper discusses alternative allocation strategies of regional economic growth policy: "movement of the workers to the Jobs" (passive factor stocks adjustment) versus "Jobs to the workers" (active factor stocks adjustment). For policy evaluation of this...
Persistent link: https://www.econbiz.de/10011616009
This second part of the paper refers to a model, described in Part I, that has been designed to analyze alternative allocation strategies of regional economic growth policy: "movement of the workers to the jobs (passive factor stocks adjustment) or jobs to the workers" (active factor stocks...
Persistent link: https://www.econbiz.de/10011616013
Convergence studies are concerned with the question of whether poor economies catch-up to wealthier economies over time …. The regional convergence process in Europe has generated considerable interest in recent years. Because of financial … straits regional convergence is a central question, since important funds aim at diminishing disparities. There are many …
Persistent link: https://www.econbiz.de/10003278801
The convergence of German regions represents a politically explosive question. Different studies examined convergence … processes of Germany. We derive equations to estimate the convergence speed on basis of a Solow model, to which human capital is … added. The geographically weighted regression permits a detailed analysis of convergence processes, which has not been …
Persistent link: https://www.econbiz.de/10003108016