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Public investment and regional growth and convergence: Evidence from Greece
Psycharis, Yannis; Rodriguez-Pose, Andres; Tselios, Vassilis - C.E.P.R. Discussion Papers - 2012
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
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The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence
Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2009
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
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Unconditional Convergence
Rodrik, Dani - C.E.P.R. Discussion Papers - 2011
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
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002
. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …
Persistent link: https://www.econbiz.de/10005789082
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Growth, Distance to Frontier and Composition of Human Capital
Aghion, Philippe; Meghir, Costas; Vandenbussche, Jérôme - C.E.P.R. Discussion Papers - 2005
We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
Persistent link: https://www.econbiz.de/10005792394
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Spatial Agglomeration Dynamics
Quah, Danny - C.E.P.R. Discussion Papers - 2002
geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering …
Persistent link: https://www.econbiz.de/10005136721
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In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance
Mukand, Sharun W.; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002
We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005136734
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Market Integration and Economic Development: A Long-Run Comparison
Keller, Wolfgang; Shiue, Carol Hua - C.E.P.R. Discussion Papers - 2004
How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This Paper compares the integration of rice markets in...
Persistent link: https://www.econbiz.de/10005136759
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GMM Estimation of Empirical Growth Models
Bond, Stephen Roy; Hoeffler, Anke; Temple, Jonathan - C.E.P.R. Discussion Papers - 2001
This Paper highlights a problem in using the first-differenced GMM panel data estimator to estimate cross-country growth regressions. When the time series are persistent, the first-differenced GMM estimator can be poorly behaved, since lagged levels of the series provide only weak instruments...
Persistent link: https://www.econbiz.de/10005504299
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Neoclassical Growth and Commodity Trade
Cuñat, Alejandro; Maffezzoli, Marco - C.E.P.R. Discussion Papers - 2002
countries. Moreover, it does not necessarily yield convergence in levels for identically parameterized economies. All in all …
Persistent link: https://www.econbiz.de/10005504435