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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
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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Gotland is Sweden’s largest island and the largest island in the Baltic Sea. While Sweden has numerous Islands, Gotland’s development trajectory is unique in Sweden. It is the smallest region in the country in population size and economic base, and it is located the furthest from the...
Persistent link: https://www.econbiz.de/10013278743
. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of … the various European regions. Investigating the impact of European Cohesion Policy on economic growth and convergence is a …
Persistent link: https://www.econbiz.de/10003881569