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endogeneity, we find two key results for the growth of Italian regions. Firstly, we show that the rate of conditional convergence …
Persistent link: https://www.econbiz.de/10005089337
This study aims to examine the absolute and conditional convergence across the 27 EU Member States. To examine the … absolute β convergence was used Baumol model (1986) estimated by OLS and Panel Data, and to examine the absolute σ convergence … the Quah model (1993) by graphical analysis. Subsequently, we analyzed the conditional convergence, also estimated by OLS …
Persistent link: https://www.econbiz.de/10011167233
This paper provides an overview of methodologies used to analyze inter-regional income inequality, and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10008549635
The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is a growing consensus that the relationship is sensitive to the level of debt. Our paper tries to address the question of non linearity in the long term relationship between...
Persistent link: https://www.econbiz.de/10011259050
This article deals with a tax burden in the European Union in as financial and economic crisis has impacted also on tax systems in the European Union. Governments´ tax measure aims to consolidate public finance and promote an economic growth. The article provides empirical evidence on a shift...
Persistent link: https://www.econbiz.de/10011109362
This paper takes into account recent advances in econometric techniques and examines Wagner’s Law of long-run relationship between public expenditure and GDP for the Turkish case over the period of 1965-2000. The relationship is supposed public expenditure to be an outcome, not cause, of...
Persistent link: https://www.econbiz.de/10005619513
The aim of this study is an empirical evaluation and comparison of Poland’s economic transformation in 1989-2008 against the background of the results achieved in the same period by Hungary, the Czech Republic, the Slovak Republic, Lithuania, and the Ukraine. I have focused on the most...
Persistent link: https://www.econbiz.de/10009328118
The paper deals with changes in the competitiveness of 12 countries forming the euro area in 1999-2000. These changes are analyzed using various macroeconomic indicators (real exchange rate, trade ratios, labor market and economic output performance). Due to the different levels of development...
Persistent link: https://www.econbiz.de/10009328129
convergence during the 1990s. In a few CEER countries, notably the Czech Republic and Hungary, ICT production contributed more to … considerably lower than in the U.S.. The paper argues that the convergence process between CEER countries and the EU-15 is … characterized by two phases. In the first “restructuring” phase, convergence has been driven by enterprise restructuring in …
Persistent link: https://www.econbiz.de/10008869296
requirement of maintaining a high economic performance of their economies by convergence and competitiveness strategies, so that …
Persistent link: https://www.econbiz.de/10011108218