Showing 1 - 10 of 53
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 … documented that the tourism countries grow significantly faster than all the other sub-groups considered in our analysis (OECD …
Persistent link: https://www.econbiz.de/10005423168
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical … evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to … fundamental determinants of economic growth (Acemoglu et al., 2001) and ask whether previous positive results of tourism on growth …
Persistent link: https://www.econbiz.de/10008489588
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
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
The objective of this study is to investigate the validity of the Kaldor-Verdoorn’s Law in explaining the long run determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries, Australia, Canada, Japan and United States). We...
Persistent link: https://www.econbiz.de/10010904900