Showing 1 - 10 of 41
to the concepts of ƒã- and ƒÒ-convergence and emphasizes the importance of including spatial effects and a disaggregated … analysis at a sectoral level. We detect a significant -convergence only in aggregate labor productivity and in the services … sectors among peripheral regions. We also show that omitting spatial effects leads to biased measures of -convergence. We then …
Persistent link: https://www.econbiz.de/10005119010
participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …
Persistent link: https://www.econbiz.de/10005076554
This paper introduces three measures of spatial dependence for use in the analysis of regional income distributions and their evolution. The first builds upon the notion of regional conditioning (Quah 1993), and is derived as a trace statistic from a modified Markov transition matrix. The...
Persistent link: https://www.econbiz.de/10005124888
This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian … regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate …
Persistent link: https://www.econbiz.de/10005125010
framework, namely, convergence, identifications of growth determinants and factors responsible of growth differences in the data …, the primary focus of this paper is on the last two. Since the use of econometrics was originally motivated by convergence …
Persistent link: https://www.econbiz.de/10005125606
the long term growth rate and in the process of economic convergence between the states of Mexico, the present study … focused on the regional economic convergence process in Mexico, and the effects of economic openess. …
Persistent link: https://www.econbiz.de/10005125613
This paper analyses growth and convergence on sugarcane industry in southeast Asia countries. Important questions in … this paper are whether the growth of sugar cane industry in Southeast Asia moves toward a convergence or divergence trend …, Thailand, Cambodia, Laos, Myanmar, The Philippines, and Vietnam. The finding suggests that based on ƒÒ convergence approach …
Persistent link: https://www.econbiz.de/10005125632
: During the last couple of decades, the migratory movements in Chile have been minimum, regions are far from achieving match in the per capíta income, situation that would give persistence to the regional inequity. According to studies, in 52 years, half of the gap between a rich and a poor...
Persistent link: https://www.econbiz.de/10005125980
What drives capital inflows in the long run? Do they follow the predictions of neoclassical theory, or are other forces at work? The purpose of this paper is to illustrate how long-term capital movements conform surprisingly well to the predictions of a simple neoclassical model with credit...
Persistent link: https://www.econbiz.de/10005126431
In the framework of the Hull-White model we present a semi-explicit approach to compute the delta and the gamma. The method is faster and more accurate than classical approaches, specially when compared to the Hull-White tree implementation.
Persistent link: https://www.econbiz.de/10005134926