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development of South Africa's largest cities. Our local economic growth empirics show some indications of conditional convergence … convergence was found but this was driven by declines in the standard deviation of per capita income amongst the poorest quintile … of towns. An estimate of conditional beta convergence of 1.2 percent over the period 1990-2000 confirms that overall …
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This paper analyses the impact of the fiscal-monetary policy mix on the convergence on per capita income of the least … regions, but would slow down the convergence process in Objective 1 regions. …
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aggregate and at a regional level but spatial variation can be large. -- regional growth convergence ; traffic accessibility …
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The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10011342545
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …
Persistent link: https://www.econbiz.de/10010529078
-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …
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