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Technological diffusion, spatial spillovers and regional convergence in Europe

Paci, Raffaele; Pigliaru, Francesco - 2001

convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …

Persistent link: https://www.econbiz.de/10011608798

Learning to Play Approximate Nash Equilibria in Games with Many Players

Cartwright, Edward - 2004

an imitation dynamic and provide conditions under which play evolves to an imitation equilibrium; convergence is …

Persistent link: https://www.econbiz.de/10011324955

Convergence, Shocks and Poverty

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill - 2002

simulation experiments(over a 20-year period) to quantify the importance of convergence, household fixed effectsand shocks. First …, we find powerful convergence. In the absence of shocks and withouthousehold fixed effects there is rapid growth over the …

Persistent link: https://www.econbiz.de/10010324873

Money, Endogenous Fertility and Economic Growth

Petrucci, Alberto - 1999

This paper analyses the issue of money superneutrality through an intertemporal optimising model of capital accumulation and inflation with endogenous fertility, i.e. endogenous population growth. The model establishes an inverse relation between capital-labour ratio and population growth, which...

Persistent link: https://www.econbiz.de/10011608490

Is Inequality Harmful for the Environment in a Growing Economy?

Kempf, Hubert; Rossignol, Stéphane - 2005

In this paper we investigate the relationship between inequality and the environment in a growing economy from a political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of the environment. Public expenditures may either be...

Persistent link: https://www.econbiz.de/10010312338

Environmental Resources Depletion and Interplay Between Negative and Positive Externalities in a Growth Model

Antoci, Angelo - 2005

We analyse growth dynamics in an economy where the well-being of economic agents depends on three goods: leisure, a free access environmental good and a private good which can be produced by each agent through his own labour input. The private good can be consumed as a substitute for the...

Persistent link: https://www.econbiz.de/10010312441

The Role of Material/Energy Resources and Dematerialisation in Economic Growth Theories

Ayres, Robert U.; van den Bergh, Jeroen C.J.M. - 2000

The nature of energy and material resources in an endogenous growththeory framework isclarified. This involves three modifications of the conventionaltheory. Firstly, multiple feedbackmechanisms or “growth engines” are identified. Secondly, a productionfunction distinguishesbetween resource...

Persistent link: https://www.econbiz.de/10010324532

Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

Brons, Martijn; de Groot, Henri L.F.M.; Nijkamp, Peter - 1999

The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...

Persistent link: https://www.econbiz.de/10010324618

The Empirical Economic Growth Literature

Florax, Raymond J.G.M.; de Groot, Henri L.F.; Heijungs, … - 2002

The empirical economic growth literature is criticized for its lack ofrobustness. For different definitions of robustness, conclusions vary from 'almost everycorrelation is fragile' to 'a substantial number of explanatory variables are robust.' Were-analyze the empirical results of the economic...

Persistent link: https://www.econbiz.de/10010324921

Agglomeration, Innovation and Regional Development: Theoretical Perspectives and Meta-Analysis

de Groot, Henri L.F.; Poot, Jacques; Smit, Martijn J. - 2007

Innovation and technological change are central to the quest for regional development. In the globally-connected knowledge-driven economy, the relevance of agglomeration forces that rely on proximity continues to increase, paradoxically despite declining real costs of information, communication...

Persistent link: https://www.econbiz.de/10010325386