Showing 1 - 10 of 44
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
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample of 143 countries, observed during the period 1980-95....
Persistent link: https://www.econbiz.de/10011325125
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of 143 countries, observed during the period 1980-95....
Persistent link: https://www.econbiz.de/10011592920
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 “tourism countries” within a sample of 143 countries, observed during the period...
Persistent link: https://www.econbiz.de/10005423168
Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...
Persistent link: https://www.econbiz.de/10009688451
Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...
Persistent link: https://www.econbiz.de/10009691629
Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...
Persistent link: https://www.econbiz.de/10013088137
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional … control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3 … in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK …
Persistent link: https://www.econbiz.de/10003387127
Von Kritikern der Europäischen Währungsunion wird oft behauptet, die realwirtschaftliche Entwicklung in den einzelnen Regionen sei zu unterschiedlich, als dass eine einheitliche Geldpolitik effizient sein könne. Wie berechtigt solche Befürchtungen sind, lässt sich durch einen Vergleich des...
Persistent link: https://www.econbiz.de/10011602090
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