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This paper investigates the role of regional credit systems for Chinese regional innovation, using data for the period 2000–2008. Both the effects of credit depth and government intervention are investigated. Results show that regional credit depth has a significantly positive effect on...
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V<sc>aona</sc> A. and A<sc>scari</sc> G. Regional inflation persistence: evidence from Italy, <italic>Regional Studies</italic>. Regional patterns of inflation persistence have received attention only at the level of European Monetary Union member states. However, economic disparities within European Monetary Union member states...
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Resorting to stationary and nonstationary panel data econometrics, we offer tests for “Ricardo’s 93% theory of value” for ten OECD countries over different time ranges. The theory does not find empirical support. Copyright Springer-Verlag Berlin Heidelberg 2014
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In this paper we test for the gravitation of regulating return rates, namely those return rates yielded by capital goods incorporating the best methods of production. We define them within a vintage capital model taking into consideration capacity utilization, capital depreciation and wages of...
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