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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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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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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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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10010298745
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Does regional redistribution spur growth?
Koetter, Michael; Wedow, Michael - Deutsche Bundesbank - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10005083103
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Does regional redistribution spur growth?
Koetter, Michael (contributor); Wedow, Michael (contributor) - 2008
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10003794113
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The EU Cohesion Policy in Context : Regional Growth and the Influence of Agricultural and Rural Development Policies
Crescenzi, Riccardo - 2014
This paper looks at the Cohesion Policy of the European Union (EU) and investigates how the EU agricultural and rural development policies shape its influence on regional growth. The analysis of the drivers of regional growth shows that the EU Regional Policy has a positive and significant...
Persistent link: https://www.econbiz.de/10013039777
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Finance and Growth in a Bank-Based Economy : Is it Quantity or Quality that Matters?
Koetter, Michael - 2016
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10012989310
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Does Regional Redistribution Spur Growth?
Koetter, Michael - 2016
After the German reunification, interregional subsidies accounted for approximately four percent of gross fixed capital investment in the new federal states. We show that between 1992 and 2005 infrastructure and (small) business aid had a negative net impact on regional economic growth. This...
Persistent link: https://www.econbiz.de/10012991074
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The Direct and Indirect Effects of Small Business Administration Lending on Growth : Evidence from U.S. County-Level Data
Young, Andrew T. - 2015
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013032373