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This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10010301178
This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10010516933
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
This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...
Persistent link: https://www.econbiz.de/10008614796
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
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
The article provides an assessment of the regional convergence process between the Western European regions since the … 1950s. Two sets of issues are addressed: (a) Is there sufficient evidence of regional convergence? If so, has the speed of … convergence changed over time and is this speed satisfactory. (b) Is convergence a phenomenon limited to the core EC regions as …
Persistent link: https://www.econbiz.de/10014212593
The article provides an assessment of the regional convergence process between the Western European regions since the … 1950s. Two sets of issues are addressed: (a) Is there sufficient evidence of regional convergence? If so, has the speed of … convergence changed over time and is this speed satisfactory. (b) Is convergence a phenomenon limited to the core EC regions as …
Persistent link: https://www.econbiz.de/10014212600
Persistent link: https://www.econbiz.de/10003726334