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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
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10010296348
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10010260880
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10009216840
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10005068841
Persistent link: https://www.econbiz.de/10012312370
The aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European...
Persistent link: https://www.econbiz.de/10009579228
Spending on productive infrastructure is seen as an important contributor to long term economic growth. Several authors have documented a downward trend in public investment during the last three decades and warned about its possible detrimental effects on the economy. A not well-realized fact...
Persistent link: https://www.econbiz.de/10011522639
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
Persistent link: https://www.econbiz.de/10012425445