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This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10002424392
Persistent link: https://www.econbiz.de/10000830836
We investigate to what extent convergence in production levels per worker has been achieved in Germany since …
Persistent link: https://www.econbiz.de/10008802452