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Regional infrastructure and convergence : growth implications in a spatial framework

Del Bo, Chiara; Florio, Massimo; Manzi, Giancarlo - 2009 - This Version: Novembre 24th 2009

Persistent link: https://www.econbiz.de/10011705916

Space and growth

Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10011342567

Public Infrastructure Investment, Output Dynamics, and Balanced Budget Fiscal Rules

Duarte Bom, P.R.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2011

We study the dynamic output and welfare effects of public infrastructure investment under a balanced budget fiscal rule, using an overlapping generations model of a small open economy. The government finances public investment by employing distortionary labor taxes. We find a negative short-run...

Persistent link: https://www.econbiz.de/10011090750

Output Dynamics, Technology, and Public Investment

Duarte Bom, P.R.; Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2010

The paper studies the dynamic output effects of public infrastructure investment in a small open economy. We develop an overlapping generations model that includes a production externality of public capital and a wealth effect on labor supply. Public capital enters the firm's production function...

Persistent link: https://www.econbiz.de/10011090760

Agglomeration and growth : evidence from the regions of Central and Eastern Europe

Vogel, Johanna - 2012 - This version: May 2012

This paper examines the empirical relationship between agglomeration and economic growth for a panel of 48 Central and Eastern European regions from 1995 to 2006. By agglomeration, we mean the within-regional concentration of aggregate economic activity, which we measure using the 'topographic'...

Persistent link: https://www.econbiz.de/10011506442

Regional convergence and R&D investment : applied investigation in Portugal : ERSA 55th Congress : World renaissance: changing roles for people and places : Lisbon, Portugal 25-28...

Guerreiro, Gertrudes Saudés; Guerreiro, António - 2015

regional convergence (or divergence) too. The aim of the paper is to study both the localization of R&D investments and … the presence of spatial correlation. Furthermore, we evaluate convergence or divergence in income growth and if it is … per capita GDP and per capita R&D investment. It follows the convergence analysis and conclusions. To study the spatial …

Persistent link: https://www.econbiz.de/10011481737

Growth spillovers in the MENA region

Baysoy, Merve Aksoylar; Altuğ, Sumru - 2019

In this paper, we examine the role of spillovers in economic growth for the Middle East and North Africa (MENA) region by accounting for spatial effects. Such spatial effects in growth for the MENA countries may arise on the basis of geography, bilateral trade or institutional similarities. We...

Persistent link: https://www.econbiz.de/10012038256

The Brazilian regional development funds and economic growth : a spatial panel approach

Cravo, Túlio A.; Resende, Guilherme Mendes - 2015

The regional development policy in Brazil materializes mainly in the regional development funds for the north-east (FNE), the north (FNO), and the centre-west (FCO), in which more than EUR36 billion was invested between 2004 and 2010. This paper examines the economic effect of these regional...

Persistent link: https://www.econbiz.de/10011392771

Spatio-temporal analysis of regional systems : a multiregional spatial vector autoregressive model for Spain

Ramajo Hernández, Julián; Márquez, Miguel A.; … - 2013

This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...

Persistent link: https://www.econbiz.de/10011616934

What makes regions in Eastern Europe catching up? : the role of foreign investment, human resources and geography

Tondl, Gabriele; Vuksic, Goran - 2003

This paper analyses regional growth in Eastern Europe in the second half of the 1990s, when regional disparities sharply increased. We aim to identify the factors behind growth and investigate in particular the role of (foreign) investment, education and innovation as well as geographical...

Persistent link: https://www.econbiz.de/10010516933

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