Showing 1 - 10 of 93
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
terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … natural economic integration among them so far. Certain levels of convergence occurred only for a limited number of countries …
Persistent link: https://www.econbiz.de/10005124389
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 studies the role of internal migration in income convergence across regions in Japan. Neoclassical theory … predicts that migration should have been an important source of convergence, but regression results suggest otherwise. The … shown that, although this effect did slow down convergence, its magnitude was too small to account for the discrepancy …
Persistent link: https://www.econbiz.de/10005123658
This paper assesses convergence in output per head across regions in the European Community (EC), for the period 1975 …<196>90. We use three alternative methodologies to measure convergence, which yield consistent results. We observe that there are … strong differences in the pattern of convergence across sub-periods and across subsets of regions. If Southern Europe seemed …
Persistent link: https://www.econbiz.de/10005789075
fiscal convergence criteria written into the Treaty of Maastricht and its Protocols. In order to qualify for full membership …
Persistent link: https://www.econbiz.de/10005123517
EMU increases with convergence of structural and fiscal policies, small money holdings, a conservative European Central …
Persistent link: https://www.econbiz.de/10005792461
convergence. Focusing on the late nineteenth century, a period both of globalization and convergence, it shows that trade had an … important force for convergence during this period, however. The analysis suggests that more attention should be paid to open … economy forces when discussing convergence. …
Persistent link: https://www.econbiz.de/10005124198
World War I. Some, like the three Scandinavian economies, used industrialization to achieve a spectacular convergence on the … leaders, especially in real wages and living standards. Some, like Ireland, achieved convergence without industrialization … globalization was by far the dominant force accounting for convergence (and divergence) around the periphery. Some exploited it well …
Persistent link: https://www.econbiz.de/10005124320
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or …
Persistent link: https://www.econbiz.de/10005124371