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convergence, and a carefully estimated econometric model of lagged adjustment confirms this. On average, a 1% decrease in the per … transition country by 0.7%. There are differences in the rate of convergence across countries, and these depend on two parameters … fastest convergence rates given these parameters are the Czech Republic, Bulgaria, Croatia and Turkey. The forecast values for …
Persistent link: https://www.econbiz.de/10005385409
The question of the spatial impacts of Information and Communication Technology (ICT) has animated intellectual and policy debate for a long time. At the beginning of the 1990s the advent of the Internet brought a new surge of debate: it was argued that the Internet would free the economy from...
Persistent link: https://www.econbiz.de/10005385512
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10010671478
contribute to explaining the waste dynamics. Though North-South waste performances are showing some signals of convergence …, greater efforts towards convergence of waste performances in a decentralised policy scenario are needed. …
Persistent link: https://www.econbiz.de/10008540411
We examine how three different communication processes operating through social networks are affected by homophily - the tendency of individuals to associate with others similar to themselves. Homophily has no effect if messages are broadcast or sent via shortest paths; only connection density...
Persistent link: https://www.econbiz.de/10005008021
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 “tourism countries” within a sample of 143 countries, observed during the period...
Persistent link: https://www.econbiz.de/10005423168
and sufficient condition for convergence to consensus and characterize outcomes where the society ends up polarized. Our … some extent. We provide an analysis of the speed of convergence and the possible outcomes of the process. Furthermore, we …
Persistent link: https://www.econbiz.de/10010665511
an imitation dynamic and provide conditions under which play evolves to an imitation equilibrium; convergence is …
Persistent link: https://www.econbiz.de/10005230917