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The Impact of Local Decentralization on Economic Growth: Evidence from U.S. Counties
Hammond, George W.; Tosun, Mehmet S. - Institute for the Study of Labor (IZA) - 2009
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10008497588
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Is Regional Innovative Activity Path-dependent? An Empirical Analysis for Germany
Bode, Eckhardt - Institut für Weltwirtschaft (IfW) - 2001
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10005076108
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Moonshot : Public R&D and Growth
Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
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Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China
Fu, Feng-Cheng; Vijverberg, Chu-Ping C.; Vijverberg, … - Institute for the Study of Labor (IZA) - 2004
This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor productivity across provinces, but the contribution of...
Persistent link: https://www.econbiz.de/10005822341
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Markov or Not Markov, This Should Be a Question
Bickenbach, Frank; Bode, Eckhardt - Institut für Weltwirtschaft (IfW) - 2001
Although it is well known that Markov process theory, frequently applied in the literature on income convergence …
Persistent link: https://www.econbiz.de/10005755218
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Is There Convergence of Russia's Regions? Exploring the Empirical Evidence: 1995–2010
Lehmann, Hartmut; Silvagni, Maria Giulia - Institute for the Study of Labor (IZA) - 2013
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10010695863
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The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence
Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2009
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10008527330
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Expanding the welfare system : a proposal for reform
Orszag, Jonathan Michael; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 1998
The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...
Persistent link: https://www.econbiz.de/10010955894
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Urban-Biased Growth : A Macroeconomic Analysis
Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - National Bureau of Economic Research - 2022
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871
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The Macroeconomics of Targeting: The Case of an Enduring Epidemic
Bell, Clive; Gersbach, Hans - Institute for the Study of Labor (IZA) - 2006
What is the right balance among policy interventions in order to ensure economic growth over the long run when an epidemic causes heavy mortality among young adults? We argue that, in general, policies to combat the disease and promote education must be concentrated, in certain ways, on some...
Persistent link: https://www.econbiz.de/10005763796