Showing 1 - 10 of 229
Persistent link: https://www.econbiz.de/10011300860
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
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS … and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates … around 2 percent; 3SLS yields 6-8 percent; (2) convergence rates vary (e.g., the Southern rate is 2.5 times the Northeastern …
Persistent link: https://www.econbiz.de/10014027540
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
income convergence. County-level data are particularly valuable for studying convergence because they allow us to study a … in the conditional convergence rates, we report the estimates for the entire data set as well as for subsets including … metro counties, non-metro counties, and five regional groupings. Our findings include: (i) while OLS yields convergence …
Persistent link: https://www.econbiz.de/10014031089
We distinguish four types of regional growth regimes based on the type of relationship between new business formation and economic development. The distinguishing characteristics of these regime types are analyzed in order to identify the reasons for different growth performance. Although growth...
Persistent link: https://www.econbiz.de/10010477120
We investigate persistence and change of the levels of regional new business formation in West Germany over a period of thirty years. Our indicator is the position of a region in the national ranking. As indicated by previous studies, we generally find a rather high level of persistence and...
Persistent link: https://www.econbiz.de/10011446159
Persistent link: https://www.econbiz.de/10012582552
This paper investigates the effect of related and unrelated variety on regional growth in West Germany. In particular, we analyze the role of regional absorptive capacity and new business formation for these effects. We find that West German regions benefit from both types of varieties. The...
Persistent link: https://www.econbiz.de/10011580747
We review and discuss research on the development of regional entrepreneurship over time. A particular focus is on the long-term persistence of regional levels of entrepreneurship, its explanation, and its meaning for economic development. What is the state of empirical research in this field,...
Persistent link: https://www.econbiz.de/10013368491