Showing 1 - 10 of 166
Persistent link: https://www.econbiz.de/10008674023
Regional disparities in Central and Eastern Europe rose substantially since 1990. Still, prima facie evidence of beta-convergence … convergence. In both CEE and the ‘old’ EU15, regional convergence is strongly linked to the level of national development, non …-linearly. But while in the EU15 convergence speeds-up at intermediate/high levels of development, in CEE we find divergence at …
Persistent link: https://www.econbiz.de/10011126360
This paper aims to determine whether there is any convergence at all between the economic activities of the Colombian … Cundinamarca and Antioquia examples of outstanding performance. This way, it is concluded that there is convergence between the … Colombian municipalities for the period analyzed, reaching an approximate convergence speed of 3.34% per annum. …
Persistent link: https://www.econbiz.de/10011258663
This paper presents a model which explains per capita regional product as a function of spatial and non spatial variables. Spatial variables may act within and beyond its territory and are related to spatial phenomena such as spatial external economies or expenditure urban multipliers. The model...
Persistent link: https://www.econbiz.de/10010992139
, conditions of convergence of interregional per-capita income, the long-run equilibrium regional shares of factors and of income …, and the convergence speed. The results are further generalised by explicitly introducing interregional distances. …
Persistent link: https://www.econbiz.de/10005184201
Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given … to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the … distribution of the stock of existing firms in the European Union is fixed, it is assumed that the degree of convergence follows …
Persistent link: https://www.econbiz.de/10005463763
The slow economic recovery since the 2008 financial crisis and Great Recession requires state and local governments to continue to make difficult decisions concerning which taxes to raise and which expenditures to decrease in order to maintain a balanced budget. As expenditures usually raise...
Persistent link: https://www.econbiz.de/10010933562
This paper uses a pooled mean group (PMG) estimator to evaluate the effects of tax policy on state-level growth. We find that property and sales tax rates have negative effects on long-run income growth, while income tax rates have no impact.
Persistent link: https://www.econbiz.de/10010597201
In the 1990’s, Argentina became a top destination for FDI to developing countries. The geographical distribution of FDI inflows was, however, highly uneven. In parallel, the spatial allocation of public infrastructure greatly mirrored these regional disparities. What were the determinants of...
Persistent link: https://www.econbiz.de/10005621706
This paper analyses the process of convergence across the regions of Russia using spatial econometrics tools in … addition to the traditional ß-convergence techniques as derived from the neoclassical theoretical setting. The spatial … component appears to be non-negligible and, consequently, conventional convergence estimates suffer a bias due to spatial …
Persistent link: https://www.econbiz.de/10008631122