Showing 1 - 4 of 4
Based on the estimation of a theoretically consistent gravity equation, together with a careful computation of transportation costs across countries and industries, the Paper first provides estimates of ‘border effects’ among EU countries. The second objective is to examine the reasons for...
Persistent link: https://www.econbiz.de/10005792246
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
This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …
Persistent link: https://www.econbiz.de/10011048966
his paper reviews the literature on asymmetric monetary transmission within the European Monetary Union (EMU). At first, a stylized model is presented in order to highlight the importance of asymmetric monetary transmission for the decision-making of the European Central Bank (ECB). The...
Persistent link: https://www.econbiz.de/10008634430