Showing 1 - 10 of 16
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial heterogeneity and spatial spillover effects. The spatial regimes model allows for different steady-state growth paths. In contrast to previous analyses, the regimes in this paper...
Persistent link: https://www.econbiz.de/10010985102
A basic result of new economic geography (NEG) models is that the proximity to consumer markets impacts wages and employment within regions. The ongoing process of European integration, being targeted on the reduction of barriers to trade and factor mobility, has presumably changed relative...
Persistent link: https://www.econbiz.de/10010957358
The objectives of this paper are to study the impact of liberalisation on trade deficits and current accounts of developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a more efficient use of resources, by encouraging...
Persistent link: https://www.econbiz.de/10010957419
Since the beginning of the 1990s, the issue of income convergence has received considerable attention in economic research. Although a vast number of empirical studies has emerged, evidence on the role of spatial interaction is still rather scarce. The present paper is an attempt to provide...
Persistent link: https://www.econbiz.de/10010957433
New Economic Geography (NEG) has reached a theoretical consolidation while related empirical tests are still scarce. The present paper aims at providing some evidence on the validity of forces emphasised by NEG. The analysis starts from the nominal wage equation derived from the Krugman...
Persistent link: https://www.econbiz.de/10010957435
This is a study of 42 developing countries of Asia, Africa and Latin America in which we first examine the impact of trade liberalisation on economic growth, investment share of GDP, openness, trade balance and current accounts (as percentages of GDP). Both panel data and country by country data...
Persistent link: https://www.econbiz.de/10010957454
EU enlargement is supposed to entail profound impact on the location of economic activities in Europe. Although there is concern about the implications of enlargement for regional disparities in the EU, corresponding empirical results are still rare. The objective of this analysis is to provide...
Persistent link: https://www.econbiz.de/10010957458
Econometric analysis of convergence processes across countries or regions usually refers to a transition period between an arbitrary chosen starting year and a fictitious steady state. Panel unit root tests and panel cointegration techniques have proved to belong to powerful econometric tools if...
Persistent link: https://www.econbiz.de/10010984981
As opposed to many other school inputs, textbooks have frequently been demonstrated to significantly foster student achievement. Using the rich data set provided by the 'Program on the Analysis of Education Systems' (PASEC) for five francophone, sub-Saharan African countries, this paper goes...
Persistent link: https://www.econbiz.de/10010984990
This paper deals with the development of regional income disparities and convergence processes in the countries of the European Union. Overall, 861 regions – mainly at the regional level NUTS-3 – of the EU enlarged in May 2004 are analysed for the period 1995 - 2003. We use the two classical...
Persistent link: https://www.econbiz.de/10010985000