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Sources of convergence in the European Union: the case of Portugal
Pontes, José Pedro - ISEG - School of Economics and Management, Department … - 2001
The paper surveys the main trends of per capita income convergence in the European Union. It stresses that income … disparities have ceased to diminish across the European regions since 1980, although convergence between countries has continued … behind income convergence are analized by means of the decomposition of per capita income in labor productivity and …
Persistent link: https://www.econbiz.de/10005463756
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Regional Convergence in Portugal in the context of the European Union
Pontes, José Pedro - ISEG - School of Economics and Management, Department … - 2000
Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given … to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the … distribution of the stock of existing firms in the European Union is fixed, it is assumed that the degree of convergence follows …
Persistent link: https://www.econbiz.de/10005463763
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Spatial dynamics and convergence: the spatial AK model
Boucekkine, Raouf; Camacho, Carmen; Fabbri, Giorgio - Department of Economics, Adam Smith Business School - 2010
same (detrended) consumption over space and time, lead to convergence in the level of capital across locations in the long-run. …
Persistent link: https://www.econbiz.de/10008478960
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Deindustrialisation. Lessons from the StructuralOutcomes of Post-Communist Transition
Mickiewicz, Tomasz; Zalewska, Anna - William Davidson Institute, University of Michigan - 2002
placing a transition country on a development path that guarantees convergence to EU employment structures. …
Persistent link: https://www.econbiz.de/10005784647
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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Leduc, Sylvain; Wilson, Daniel - National Bureau of Economic Research (NBER) - 2012
We examine the dynamic macroeconomic effects of public infrastructure investment both theoretically and empirically, using a novel data set we compiled on various highway spending measures. Relying on the institutional design of federal grant distributions among states, we construct a measure of...
Persistent link: https://www.econbiz.de/10011271401
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Incentives and Outcomes: China's Environmental Policy
Deng, Yongheng; Morck, Randall; Wu, Jing; Huang, Jun; … - National Bureau of Economic Research (NBER) - 2013
In generating fast economic growth, China is also generating growing concern about its environmental record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation...
Persistent link: https://www.econbiz.de/10010950924
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Myths about Beta-Convergence
Gluschenko, Konstantin - William Davidson Institute, University of Michigan - 2012
A popular methodology of studying spatial income inequality is analysis of beta-convergence (i.e. an inverse … growth theory predicts income convergence among economies (countries or regions within a country), and that beta-convergence …
Persistent link: https://www.econbiz.de/10010604579
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How Fast are the Tourism Countries Growing? The cross-country evidence
Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - Fondazione ENI Enrico Mattei (FEEM) - 2003
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 “tourism countries” within a sample of 143 countries, observed during the period...
Persistent link: https://www.econbiz.de/10005423168
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Methodologies of Analyzing Inter-Regional Income Inequality and Their Applications to Russia
Gluschenko, Konstantin - William Davidson Institute, University of Michigan - 2010
This paper provides an overview of methodologies used to analyze inter-regional income inequality,and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10008606478
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Government Investment and Fiscal Stimulus in the Short and Long Runs
Leeper, Eric; Walker, Todd B.; Yang, Shu-Chun Susan - National Bureau of Economic Research (NBER) - 2009
This paper contributes to the debate about fiscal multipliers by studying the impacts of government investment in conventional neoclassical growth models. The analysis focuses on two dimensions of fiscal policy that are critical for understanding the effects of government investment:...
Persistent link: https://www.econbiz.de/10005040613