Showing 1 - 10 of 560
Abstract: This paper studies the intranational business cycle - that is the set of regional (prefecture) business cycles - in Japan. One reason for choosing to examine the Japanese case is that long time series and relatively detailed data are available. A Hodrick-Prescott filter is applied to...
Persistent link: https://www.econbiz.de/10005123844
The paper uses annual data on real GDP for the UK regions and 12 manufacturing sectors to derive regional and regional/sectoral business cycles using an H-P filter. The cohesion of the cycles is examined via cross-correlations and comparisons made with the regional cycles for Japan, the United...
Persistent link: https://www.econbiz.de/10005114447
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
We apply program evaluation methods to analyze the effectiveness of two types of preferential regional policy programs in China's manufacturing sector. Economic and Technological Development Zones (ETDZs) aim to facilitate firms' internationalization strategies. Science and Technology Industrial...
Persistent link: https://www.econbiz.de/10009385770
This paper explores the interactions between external trade and regional disparities in the Italian economy since unification. It argues that the advantage of the North was initially based on natural advantage (in particular the endowment of water, intensive in silk production). From 1880...
Persistent link: https://www.econbiz.de/10009365644
Transfers to individuals, firms, and regions are often regulated by threshold rules, giving rise to a regression discontinuity design. An example are transfers provided by the European Commission to regions of EU member states below a certain income level. Researchers have focused on estimation...
Persistent link: https://www.econbiz.de/10009205062
This paper presents new evidence on urbanization using sub-county data for the United States from 1880-2000 and municipality data for Brazil from 1970-2000. We show that the two central stylized features of population growth for cities - Gibrat's Law and a stable population distribution - are...
Persistent link: https://www.econbiz.de/10005662061
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
We investigate the impact of within-country spatial concentration of economic activity on country-level growth, using cross-section OLS and dynamic panel GMM estimation. Agglomeration is measured alternatively through measures of urbanization and through indices of spatial concentration based on...
Persistent link: https://www.econbiz.de/10005666860
We investigate the sources of productivity convergence using panel data for the Spanish regions. As a framwork, we develop a simple descriptive growth model which allows for factor accumulation, technological diffusion and rate effects from human capital and which includes fixed regional effects...
Persistent link: https://www.econbiz.de/10005667004