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Decentralization, social capital and regional convergence

Mauro, Luciano; Pigliaru, Francesco - 2013

By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...

Persistent link: https://www.econbiz.de/10009757366

Local government debt and economic growth in China

Wu, Yanrui - In: Journal of Chinese economic and business studies 18 (2020) 3, pp. 229-242

Persistent link: https://www.econbiz.de/10012312370

Is public investment in construction and in R&D, growth enhancing? : a PVAR approach

Afonso, António; Rodrigues, Eduardo de Sá Fortes Leitão - 2022

We study the impacts of public investment, notably in construction and in R&D on economic growth and of crowding-out effects on private investment. For this purpose, we use Panel Vector Autoregression (PVAR) models and the Generalised Method of Moments (GMM) approach for 40 advanced and emerging...

Persistent link: https://www.econbiz.de/10013426082

Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach

Afonso, António; Sá Fortes Leitao Rodrigues, Eduardo de - 2022

Persistent link: https://www.econbiz.de/10014242792

Technological diffusion, spatial spillovers and regional convergence in Europe

Paci, Raffaele; Pigliaru, Francesco - 2001

convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …

Persistent link: https://www.econbiz.de/10011608798