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The aim of this paper is to analyze the theoretical and econometric implications of omitting spatial dependence in the Mankiw, Romer, and Weil (1992) model. Indeed, the international distribution of income levels and growth rates suggests the existence of large international disparities, and...
Persistent link: https://www.econbiz.de/10005750963
government, and including a combined sector of totals. The results indicate that none of the sectors exhibits ó-convergence, but … they all show strong evidence of â-convergence with a convergence club pattern that is apparent for the wholesale …
Persistent link: https://www.econbiz.de/10005038953
rates across Russian cities. I find that wages in Russian cities exhibit convergence. I also test whether city population … (which is a proxy for city size) has positive impact on the speed of convergence. Using geographical location characteristics …
Persistent link: https://www.econbiz.de/10011478822
Persistent link: https://www.econbiz.de/10011500155
Inconsistencies in targeting and forecasting during the process of strategic planning in regions?subjects of Russian federation is atopic of the paper presented. It presents the results of analysis of regional strategies of long-term socio-economic development performed for federal subjects of...
Persistent link: https://www.econbiz.de/10011509824
This paper analyses the causal relationships in regional technological systems within a structural vector autoregression (SVAR) framework. Applying a data-driven identification strategy based on Independent Component Analysis, it shows how the regional growth dynamics of economic, research,...
Persistent link: https://www.econbiz.de/10011303809
which regional development originates from the (un)balance between convergence, driven by diminishing returns and divergence …
Persistent link: https://www.econbiz.de/10011516485
2010/11) by estimating cross section equations for unconditional and conditional beta (β) convergence and sigma (σ …) convergence across thirty two regions (twenty-eight States and four Union Territories). There is no evidence of unconditional … convergence, but weak evidence of conditional convergence controlling for population growth; credit growth; male literacy; the …
Persistent link: https://www.econbiz.de/10009781916
. In this context, achieving income convergence with other EU members rests more with maintaining productivity growth …
Persistent link: https://www.econbiz.de/10005012084
The aim of this paper is twofold. First, we study the determinants of economic growth among a wide set of potential variables for the Spanish provinces (NUTS3). Among others, we include various types of private, public and human capital in the group of growth factors. Also, we analyse whether...
Persistent link: https://www.econbiz.de/10005138828