Showing 1 - 10 of 52
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
This paper looks at the experience of South East Europe which -- for the purposes of this paper -- includes the former states of Yugoslavia except for Slovenia (i.e. Croatia, Serbia-Montenegro, Bosnia-Herzegovina, and Macedonia), Albania, and the two EU candidate countries, Bulgaria and Romania....
Persistent link: https://www.econbiz.de/10009649586
This paper looks at the experience of South East Europe which – for the purposes of this paper – includes the former states of Yugoslavia except for Slovenia (i.e. Croatia, Serbia-Montenegro, Bosnia-Herzegovina, and Macedonia), Albania, and the two EU candidate countries, Bulgaria and...
Persistent link: https://www.econbiz.de/10010782168
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
This paper discusses the evolution of competitiveness, industrial and trade specialization of the countries of Central and Eastern Europe (CEECs). It is shown that the paths taken by the different CEECs have been quite diverse and we attempt to show that a combination of a catching-up plus trade...
Persistent link: https://www.econbiz.de/10009649622
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