Showing 1 - 10 of 395
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
. We assess the role of these external effects in explaining growth and economic convergence. We present a simple growth …
Persistent link: https://www.econbiz.de/10005022389
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
European leaders aim to turn the enlarged Union into "the most competitive and dynamic knowledge-based economy in the world". But without major increases in infrastructure investments, dynamic growth - the missing ingredient of the European model - will not materialize. Given extraordinarily...
Persistent link: https://www.econbiz.de/10005007292
, 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
services are and we provide evidence for this both in terms of traditional measures of sigma- and beta-convergence and more …
Persistent link: https://www.econbiz.de/10009246879
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