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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Leduc, Sylvain; Wilson, Daniel - National Bureau of Economic Research (NBER) - 2012
We examine the dynamic macroeconomic effects of public infrastructure investment both theoretically and empirically, using a novel data set we compiled on various highway spending measures. Relying on the institutional design of federal grant distributions among states, we construct a measure of...
Persistent link: https://www.econbiz.de/10011271401
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Spatial panel data estimation, counterfactual predictions, and local economic resilience among British towns in the Victorian era
Fingleton, Bernard; Palombi, Silvia - In: Regional Science and Urban Economics 43 (2013) 4, pp. 649-660
We explore the relative ability of local economies to retain their long-run growth dynamics when faced by the destabilizing effects of major shocks. Taking annual wage series for nineteen U.K. towns over the historical period 1871–1906, we fit a spatial panel data model to 1871–1890 data and...
Persistent link: https://www.econbiz.de/10010666084
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Spatial econometric STAR models: Lagrange multiplier tests, Monte Carlo simulations and an empirical application
Pede, Valerien O.; Florax, Raymond J.G.M.; Lambert, … - In: Regional Science and Urban Economics 49 (2014) C, pp. 118-128
This paper investigates nonlinearity in parametric spatial process models that incorporate regime-switching by means of a smooth transition autoregressive process. We derive a Lagrange Multiplier (LM) test for nonlinearity as well as several joint LM tests for nonlinearity and the traditional...
Persistent link: https://www.econbiz.de/10011117432
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Human Capital, Urbanization and Canadian Provincial Growth
Coulombe, Serge - In: Regional Studies 37 (2003) 3, pp. 239-250
investigates the conditional convergence of both human capital indicators and nominal per capita income across Canadian provinces … empiriques par panel, cet article cherche a examiner la convergence conditionnelle et des indicateurs du capital humain, et du …
Persistent link: https://www.econbiz.de/10005491683
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New Evidence of Convergence Across Canadian Provinces: The Role of Urbanization
Coulombe, Serge - In: Regional Studies 34 (2000) 8, pp. 713-725
COULOMBE S. (2000) New evidence of convergence across Canadian provinces: the role of urbanization, Reg. Studies 34 …, 713-725. This paper uses the conditional convergence model for explaining the relative evolution of per capita income … steady state. The analysis also indicates that for the provinces of Alberta and Quebec, the convergence process was disturbed …
Persistent link: https://www.econbiz.de/10005452577
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Solow and the states: New evidence
Yamarik, Steven - In: Regional Studies 40 (2006) 6, pp. 571-582
convergence in state-level growth rates is found. Second, the rate of convergence and capital share are inversely related …. Moreover, numerical computations show that the estimated values for the convergence rate and capital share are consistent with … fortes preuves en faveur de la convergence des taux de croissance sur le plan des etats. Dans un deuxieme temps, le taux de …
Persistent link: https://www.econbiz.de/10005638424
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Is Migration Important for Regional Convergence? Comparative Evidence for Norwegian and Swedish Counties, 1980-2000
Østbye, Stein; Westerlund, Olle - In: Regional Studies 41 (2007) 7, pp. 901-915
Østbye S. and Westerlund O. (2007) Is migration important for regional convergence? Comparative evidence for Norwegian … and Swedish counties, 1980-2000 Regional Studies 41, 901-915. Regional convergence studies have relied on net migration … justified and, despite Sweden and Norway being similar in many ways, migration has very different effects on convergence in …
Persistent link: https://www.econbiz.de/10008603567
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Incentives and Outcomes: China's Environmental Policy
Deng, Yongheng; Morck, Randall; Wu, Jing; Huang, Jun; … - National Bureau of Economic Research (NBER) - 2013
In generating fast economic growth, China is also generating growing concern about its environmental record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation...
Persistent link: https://www.econbiz.de/10010950924
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The productivity of transport infrastructure investment: A meta-analysis of empirical evidence
Melo, Patricia C.; Graham, Daniel J.; Brage-Ardao, Ruben - In: Regional Science and Urban Economics 43 (2013) 5, pp. 695-706
Investments in transport infrastructure have been widely used by decision makers to encourage economic growth, particularly during periods of economic downturn. There has been extensive research on the linkage between transport infrastructure and economic performance since the late 1980s,...
Persistent link: https://www.econbiz.de/10010703147
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On regional growth convergence in Great Britain
Henley, Andrew - In: Regional Studies 39 (2005) 9, pp. 1245-1260
Henley A. (2005) On regional growth convergence in Great Britain, Regional Studies 39 , 1245-1260. This paper examines … recent sub-regional output data for Great Britain to identify possible economic convergence. It concludes that sub …-regional data are subject to substantial spatial autocorrelation. Conventional estimates of 'beta' convergence are subject to …
Persistent link: https://www.econbiz.de/10005638365