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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
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Regional and subregional analyses of macroeconomic policy strategies for growth and equality in Southern Africa
Sahoo, Dukhabandhu; Mishra, Diptimayee; Sahoo, Auro Kumar; … - 2020
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the … understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per …
Persistent link: https://www.econbiz.de/10012404488
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South-North convergence from a new perspective
Hübler, Michael - 2013
-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …
Persistent link: https://www.econbiz.de/10010204037
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Construction of a narrative instrument for government investment
Clemens, Marius; Michelsen, Claus; Rieth, Malte - 2025
Persistent link: https://www.econbiz.de/10015207258
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An estimation and decomposition of the government investment multiplier
Clemens, Marius; Michelsen, Claus; Rieth, Malte - 2025
We construct a narrative instrument for government investment from official records in Germany. Using structural vector autoregressions, we document a significant crowding-in of private investment and an output multiplier of roughly 2. Then, we match a New Keynesian dynamic stochastic general...
Persistent link: https://www.econbiz.de/10015207271
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The sustainability of South African fiscal policy
Burger, Philippe - 2024
The public-debt-to-GDP ratio in South Africa increased from 26 per cent in the 2008/09 fiscal year to 73.9 per cent in 2023/24, raising fears that fiscal policy is not sustainable. This raises the question: did the government take steps to arrest the increase in the debt-to-GDP ratio and regain...
Persistent link: https://www.econbiz.de/10015076339
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On the relevance of exports for regional output growth in China
Dreger, Christian; Zhang, Yanqun - 2013
Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...
Persistent link: https://www.econbiz.de/10009688451
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Sector, globalization and urban economic growth : evidence from Bangalore (India)
Narayana, M. R. - 2010
This paper aims at economic analysis of economic globalization and urban growth of Bangalore, the Silicon Valley of India, as they are related to ICT sector. Overall analyses offer new insights and evidences for ICT sector as a major contributor for degree of economic globalization and urban...
Persistent link: https://www.econbiz.de/10008662249
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Regional convergence and economic performance : a case study of the West German Laender
Buscher, Herbert S.; Felder, Johannes; Steiner, Viktor - 1999
In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as … convergence was insufficient in the sense that no gains have been achieved with respect to a stronger harmonization of the …
Persistent link: https://www.econbiz.de/10011442407
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The long persistence of regional entrepreneurship culture : Germany 1925 - 2005
Fritsch, Michael; Wyrwich, Michael - 2012
We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80...
Persistent link: https://www.econbiz.de/10009579325