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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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Deindustrialisation. Lessons from the StructuralOutcomes of Post-Communist Transition
Mickiewicz, Tomasz; Zalewska, Anna - William Davidson Institute, University of Michigan - 2002
placing a transition country on a development path that guarantees convergence to EU employment structures. …
Persistent link: https://www.econbiz.de/10005784647
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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Leduc, Sylvain; Wilson, Daniel - National Bureau of Economic Research (NBER) - 2012
We examine the dynamic macroeconomic effects of public infrastructure investment both theoretically and empirically, using a novel data set we compiled on various highway spending measures. Relying on the institutional design of federal grant distributions among states, we construct a measure of...
Persistent link: https://www.econbiz.de/10011271401
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Incentives and Outcomes: China's Environmental Policy
Deng, Yongheng; Morck, Randall; Wu, Jing; Huang, Jun; … - National Bureau of Economic Research (NBER) - 2013
In generating fast economic growth, China is also generating growing concern about its environmental record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation...
Persistent link: https://www.econbiz.de/10010950924
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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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Myths about Beta-Convergence
Gluschenko, Konstantin - William Davidson Institute, University of Michigan - 2012
A popular methodology of studying spatial income inequality is analysis of beta-convergence (i.e. an inverse … growth theory predicts income convergence among economies (countries or regions within a country), and that beta-convergence …
Persistent link: https://www.econbiz.de/10010604579
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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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Methodologies of Analyzing Inter-Regional Income Inequality and Their Applications to Russia
Gluschenko, Konstantin - William Davidson Institute, University of Michigan - 2010
This paper provides an overview of methodologies used to analyze inter-regional income inequality,and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10008606478
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Government Investment and Fiscal Stimulus in the Short and Long Runs
Leeper, Eric; Walker, Todd B.; Yang, Shu-Chun Susan - National Bureau of Economic Research (NBER) - 2009
This paper contributes to the debate about fiscal multipliers by studying the impacts of government investment in conventional neoclassical growth models. The analysis focuses on two dimensions of fiscal policy that are critical for understanding the effects of government investment:...
Persistent link: https://www.econbiz.de/10005040613