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In this paper, we examine the impact of institutional quality on the returns on key drivers of economic growth in 230 European Union (EU) NUTS-2 regions from 2009 to 2017. To estimate region-specific elasticities, we employ a latent class modelling approach, considering the quality of government...
Persistent link: https://www.econbiz.de/10014336610
In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 … stochastic convergence trajectories to assess the role of first nature geography, which is defined by variations in physical …, in causing economic growth convergence patterns. We find that western and northern parts of Europe have higher pairwise …
Persistent link: https://www.econbiz.de/10014308640
We present an analysis on cohesion policy investments in the regions of Romania using the spatial dynamic general equilibrium model RHOMOLO in order to provide useful insights on the 2021-2027 programmes and their implications for growth and development. The analysis is based on a hypothetical...
Persistent link: https://www.econbiz.de/10013256651
This paper presents a macroeconomic evaluation of the impact of the Horizon 2020 funds, carried out using the spatial dynamic general equilibrium model RHOMOLO. The policy disbursement data used to feed the model relate to the actual use of the funds over the period 2014-2021, so this is...
Persistent link: https://www.econbiz.de/10014472098
differences, while it is made evident that during the period covered by the sample convergence in terms of TFP was weakened. …
Persistent link: https://www.econbiz.de/10014289334
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