Showing 1 - 10 of 57
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …
Persistent link: https://www.econbiz.de/10011084166
This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor productivity across provinces, but the contribution of...
Persistent link: https://www.econbiz.de/10005822341
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …
Persistent link: https://www.econbiz.de/10011039188
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10008527330
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10010695863
Price and output level convergence between new member states and the existing EU necessarily implies inflation and … nominal criteria are suspended, the policy instruments required to achieve euro convergence are in the hands of the individual …
Persistent link: https://www.econbiz.de/10005124072
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
Persistent link: https://www.econbiz.de/10010886141
convergence with the developed countries. These observations are grounded on the results of the computation of the marginal … regions and member countries. * Study within the CEEX Programme – Project No. 220 “Economic Convergence and Role of Knowledge …
Persistent link: https://www.econbiz.de/10005078973
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …
Persistent link: https://www.econbiz.de/10009359488
This study aims to highlight the potential impact of convergence process on the financial stability situation at the … the converegence level is brought forth. The conclusions underline a certain effect of the convergence process on the …
Persistent link: https://www.econbiz.de/10010608058