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Sigma Convergence Versus Beta Convergence : Evidence from U.S. County-Level Data
Young, Andrew T.; Higgins, Matthew John; Levy, Daniel - 2015
In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence … sigma-convergence has not occurred at the county-level across the U.S., or within the vast majority of the individual U …
Persistent link: https://www.econbiz.de/10014029829
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Sigma Convergence versus Beta Convergence : Evidence from U.S. County-Level Data
Young, Andrew T.; Higgins, Matthew John; Levy, Daniel - 2015
In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence … sigma-convergence cannot be detected at the county-level across the U.S., or within the large majority of the individual U …
Persistent link: https://www.econbiz.de/10014026226
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Evaluating the effects of Small Business Administration lending on growth
Higgins, Matthew J.; Lacombe, Donald J.; Stenard, … - In: Small business economics : an international journal 57 (2021) 1, pp. 23-45
Persistent link: https://www.econbiz.de/10012582552
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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
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Technology, learning, and long run economic growth in leading and lagging regions
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
Persistent link: https://www.econbiz.de/10011491966
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Innovation, decentralization, and planning in a multi-region model of Schumpeterian economic growth
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10011491971
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The Impact of Neutral and Nonneutral Productivity Growth on Creative Capital in a Trading Regional Economy
Batabyal, Amitrajeet A. - 2011
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
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Output, Growth, and Convergence in a Creative Region : An Analysis of Some Measurement Issues
Batabyal, Amitrajeet A. - 2017
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
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Schumpeterian Creative Class Competition, Innovation Policy, and Regional Economic Growth
Batabyal, Amitrajeet A. - 2018
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
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Output, Growth, and Convergence in a Creative Region : An Analysis of Some Measurement Issues
Batabyal, Amitrajeet A. - 2017
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