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This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...
Persistent link: https://www.econbiz.de/10011616934
Persistent link: https://www.econbiz.de/10011704021
The estimation of the impact of public investment on regional economic growth requires consideration of the spatio-temporal dynamics among the state variables of each region. Recent austerity policies in Spain that feature temporary decreases in the accumulation of regional public capital should...
Persistent link: https://www.econbiz.de/10012491832
We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...
Persistent link: https://www.econbiz.de/10013130117
creative regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the … convergence case, we analyze how to estimate the speed of convergence parameter (σ) and then discuss the relationship between the … variance of y<sub>j</sub>(t) and that of y<sub>j</sub>(0). In the relative convergence case, we study the error associated with …
Persistent link: https://www.econbiz.de/10012964104
We focus on a region that is creative in the sense of Richard Florida. The creative class is broadly composed of existing and candidate entrepreneurs. The general question we analyze concerns the effects of Schumpeterian competition between existing and candidate entrepreneurs on economic growth...
Persistent link: https://www.econbiz.de/10012927440
regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the N … output per creative class member denoted by y^BGP (y_j^BGP ). In the absolute convergence case, we analyze how to estimate … the speed of convergence parameter (σ) and then discuss the relationship between the variance of y_j (t) and that of y …
Persistent link: https://www.econbiz.de/10012953087
We have two objectives in this book. First, we bring together in one place, original research that sheds light on the myriad connections between disease, human health, and regional economic growth and development. Second, given the contemporary salience of Asia in world affairs, we concentrate...
Persistent link: https://www.econbiz.de/10012907386
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity by supposing that the region under study has two sectors. The first sector uses physical capital {K(t)} and trained workers {A(t)W(t)} to produce creative capital {R(t)}. The...
Persistent link: https://www.econbiz.de/10012910586
We study economic growth and investment income taxation in a region that is creative in the sense of Richard Florida. Specifically, this region possesses both creative and physical capital. Of the two sectors in this region, one produces final consumption goods and the other produces investment...
Persistent link: https://www.econbiz.de/10013022733