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long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10010269575
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10008527330
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
Persistent link: https://www.econbiz.de/10011491966
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10011491971
We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...
Persistent link: https://www.econbiz.de/10013130117
achieved mostly sustained convergence with Western Europe. Many EU-CEE countries have overtaken Southern EU member states in … more sustained and sustainable rate of convergence with Western Europe in the coming decades. We find that governments in …
Persistent link: https://www.econbiz.de/10013429077
The EU member states of Central Eastern Europe (EU-CEE) have experienced rapid convergence in the decades following …
Persistent link: https://www.econbiz.de/10014374670
Persistent link: https://www.econbiz.de/10012792433
The EU member states of Central Eastern Europe (EU-CEE) have experienced rapid convergence in the decades following …
Persistent link: https://www.econbiz.de/10014313530
Persistent link: https://www.econbiz.de/10014431465