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The Poor Stay Poor: Non-Convergence Across Countries and Regions

Canova, Fabio; Marcet, Albert - C.E.P.R. Discussion Papers - 1995

We study the issue of income convergence across countries and regions with a Bayesian model which allows us to use … information in an efficient and flexible way. We argue that the very slow convergence rates to a common level of per-capita income … introduces in the results. Our approach permits the estimation of different convergence rates to different steady states for each …

Persistent link: https://www.econbiz.de/10005067447

The Geography of Multi-Speed Europe

Martin, Philippe; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 1995

lower income. We analyse the effect of different integration sequences on industrial location and convergence during the …

Persistent link: https://www.econbiz.de/10005497760

A Sequential Approach to Regional Integration: The European Union and Central and Eastern Europe

Martin, Philippe - C.E.P.R. Discussion Papers - 1994

This paper develops a theory of optimal sequencing of regional integration and applies it to the specific question of Central and East European countries (CEECs) and the EU. We show that the timing of transition and integration has implications for the long-term trade structure of Europe. In...

Persistent link: https://www.econbiz.de/10005114204

Regional Policies and EU Enlargement

Boldrin, Michele; Canova, Fabio - C.E.P.R. Discussion Papers - 2003

examines what is the best way for candidate countries to fuel real convergence. The experience from earlier EU enlargements and … should be terminated as soon as possible. Second, labour and capital mobility are good for growth and economic convergence …

Persistent link: https://www.econbiz.de/10005789211

Spatial Concentration and Firm-Level Productivity in France

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008

This paper analyzes empirically the effect of spatial agglomeration of activities on the productivity of firms using French individual firm data from 1996 to 2004. This allows us to control for endogeneity biases that the estimation of agglomeration economies typically encounters. French firms...

Persistent link: https://www.econbiz.de/10005498038

Are clusters more resilient in crises? Evidence from French exporters in 2008-2009

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2013

Clusters have already been extensively shown to favor firm-level economic performance (productivity, exports, innovation etc.). However, little is known about the capacity of firms in clusters to resist economic shocks. In this paper, we analyze whether firms that agglomerate in clusters and...

Persistent link: https://www.econbiz.de/10011084140

Growth and Agglomeration

Martin, Philippe; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 1996

This paper presents a model in which growth and geographic agglomeration of economic activities are mutually self reinforcing processes. Industrial agglomeration in one location spurs growth because it reduces the cost of innovation in that location through a pecuniary externality due to...

Persistent link: https://www.econbiz.de/10005662416

Public Support to Clusters: A Firm Level Study of French “Local Productive Systems”

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008

This paper analyzes empirically a public policy promoting industrial clusters in France. Cluster policies have become popular in many countries but have not been extensively evaluated empirically. We use data on production and employment for firms that benefited from the policy and on firms that...

Persistent link: https://www.econbiz.de/10005661530

On the Ineffectiveness of Tax Policy in Altering Long- Run Growth: Harberger's Superneutrality Conjecture

Asea, Patrick; Mendoza, Enrique G; Milesi-Ferretti, … - C.E.P.R. Discussion Papers - 1996

Harberger’s superneutrality conjecture contends that, although in theory the mix of direct and indirect taxes affects investment and growth, in practice tax policy is ineffective as an instrument to promote growth. This paper provides evidence to support this view by examining the predictions...

Persistent link: https://www.econbiz.de/10005136639

The Structural Dynamics of Output Growth and Inflation: Some International Evidence

Canova, Fabio; Gambetti, Luca; Pappa, Evi - C.E.P.R. Discussion Papers - 2006

We examine the dynamics of output growth and inflation in the US, Euro area and UK using a structural time varying coefficient VAR. There are important similarities in structural inflation dynamics across countries; output growth dynamics differ. Swings in the magnitude of inflation and output...

Persistent link: https://www.econbiz.de/10005114193