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This paper aims to determine whether there is any convergence at all between the economic activities of the Colombian … Cundinamarca and Antioquia examples of outstanding performance. This way, it is concluded that there is convergence between the … Colombian municipalities for the period analyzed, reaching an approximate convergence speed of 3.34% per annum. …
Persistent link: https://www.econbiz.de/10011258663
The aim of this paper is to present a further contribution, with panel data, to the analysis of absolute convergence … productivity at regional level. Presenting some empirical evidence of absolute convergence of productivity for each of the economic … empirical evidence of conditional convergence of productivity, for each of the economic sectors of the NUTS II of Portugal, from …
Persistent link: https://www.econbiz.de/10009203640
services are and we provide evidence for this both in terms of traditional measures of sigma- and beta-convergence and more …
Persistent link: https://www.econbiz.de/10009246879
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
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10011342399
Theoretical propositions proclaim that the association between Infrastructure Availability and Development of a region is quite strong and runs from the former to the latter. Empirical studies are however, inconclusive. While few researchers have concluded that the impact of infrastructure on...
Persistent link: https://www.econbiz.de/10005617098
We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...
Persistent link: https://www.econbiz.de/10012138778
Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is...
Persistent link: https://www.econbiz.de/10009223348
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10005616935
In the 1990’s, Argentina became a top destination for FDI to developing countries. The geographical distribution of FDI inflows was, however, highly uneven. In parallel, the spatial allocation of public infrastructure greatly mirrored these regional disparities. What were the determinants of...
Persistent link: https://www.econbiz.de/10005621706