Showing 1 - 10 of 38
-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …
Persistent link: https://www.econbiz.de/10012619417
The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers across the pre-existing states, with a single currency. Market integration was the economic outcome of this process. At the same time, the Kingdom of Italy started a large...
Persistent link: https://www.econbiz.de/10011295798
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...
Persistent link: https://www.econbiz.de/10011822884
This paper assesses sources of productivity spillovers in China's electric and electronic manufacturing industry using a rich panel data-set of 25,360 firms observed over the period 2004-2007. This industry is characterized by its important reliance on technology. In particular, the paper...
Persistent link: https://www.econbiz.de/10010356360
This paper investigates whether better access to markets through an improved road network plays a role in improving the profitability of firms in India. We construct a district-level market access index using Indian road network shapefiles, district boundaries, and nightlight raster images and...
Persistent link: https://www.econbiz.de/10013479557
Persistent link: https://www.econbiz.de/10005031697
Persistent link: https://www.econbiz.de/10005031700
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 …
Persistent link: https://www.econbiz.de/10005031777
Persistent link: https://www.econbiz.de/10005033118
convergence in the two economies. This is the first of its kind. The paper presents a detailed examination of economic growth in … countries and investigates whether there is any evidence of regional convergence during the period of rapid economic growth. It …
Persistent link: https://www.econbiz.de/10005033126