Showing 1 - 10 of 56
-2007. Despite convergence is usually found to occur conditionally to economy-wide factors, this study reveals a clear process of … unconditional convergence for nancial and business-related market services. Indeed this sector is more likely to be characterised by …
Persistent link: https://www.econbiz.de/10010940434
Can the evolution of public debt be predicted from its determinants? While the recovery programs undertaken during the 2008 crisis have led to a big takeoff in public debt ratios, the factors likely to curb its upward spiraling dynamic are subject to considerable uncertainty and fuel debate...
Persistent link: https://www.econbiz.de/10010815958
Railways were one of the main engines of the Latin American trade boom before 1914. Railway construction often required financial support from local governments, which depended on their fiscal capacity. But since the main government revenues were trade-related, this generated a two-way feedback...
Persistent link: https://www.econbiz.de/10010815994
The question of reducing public debt is at the heart of the current debates in France where the level of debt ratio amounted to 86% of the GDP in 2011. In this paper, we examine how the primary balance, the GDP growth rate, the real interest rate and the inflation rate have influenced the...
Persistent link: https://www.econbiz.de/10010555787
In order to examine innovation diffusion and convergence processes, we study productivity trends, trend breaks and … reasons, also a Norwegian, Dutch and French one at least for some years at the end of the XXth century. The convergence …
Persistent link: https://www.econbiz.de/10010815951
accounting breakdown and runs Philips-Sul (2007) convergence tests over GDP per capita and its main components. These components … over the period, from the UK until WWI to the US since WWII; iv) There is an overall convergence process among advanced … countries, mainly after WWII, relying mostly on capital intensity convergence and then on TFP convergence, while evolutions in …
Persistent link: https://www.econbiz.de/10011269009
de convergence/divergence des activités de production utilise le cadre théorique sur la convergence des économies … internationales. L’hétérogénéité des comportements est mise en évidence via la vitesse de convergence. Cette dernière est mise en … convergence des contributions aux inégalités : -0.2%, 0.2% et 0.1% respectivement dans le cadre de l’UE-15, l’UE- 25 et l’UE-32 …
Persistent link: https://www.econbiz.de/10005422858
This paper analyses the convergence process of inequality in income among five Balkan countries in the 1989-2005 period … approach is to consider the convergence of country contributions to the international income inequality. The model allows … simultaneously to test the convergence process of income and inequality. The results indicate a real convergence process between …
Persistent link: https://www.econbiz.de/10005422865
I use the pro-poor growth and convergence analytical frameworks to study the dynamic of the world income growth. I …
Persistent link: https://www.econbiz.de/10004994553
countries. Hence, the approach enables us to highlight the links with the income convergence studies. The empirical …
Persistent link: https://www.econbiz.de/10004994554