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Regional growth and national development: transition in Central and Eastern Europe and the regional Kuznets curve in the East and the West
Monastiriotis, Vassilis - London School of Economics (LSE) - 2014
Regional disparities in Central and Eastern Europe rose substantially since 1990. Still, prima facie evidence of beta-convergence … convergence. In both CEE and the ‘old’ EU15, regional convergence is strongly linked to the level of national development, non …-linearly. But while in the EU15 convergence speeds-up at intermediate/high levels of development, in CEE we find divergence at …
Persistent link: https://www.econbiz.de/10011126360
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Public Infrastructure Investment, Output Dynamics, and Balanced Budget Fiscal Rules
Duarte Bom, P.R.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2011
We study the dynamic output and welfare effects of public infrastructure investment under a balanced budget fiscal rule, using an overlapping generations model of a small open economy. The government finances public investment by employing distortionary labor taxes. We find a negative short-run...
Persistent link: https://www.econbiz.de/10011090750
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Output Dynamics, Technology, and Public Investment
Duarte Bom, P.R.; Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2010
The paper studies the dynamic output effects of public infrastructure investment in a small open economy. We develop an overlapping generations model that includes a production externality of public capital and a wealth effect on labor supply. Public capital enters the firm's production function...
Persistent link: https://www.econbiz.de/10011090760
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Spatial Econometrics
LeSage, James; Pace, R. Kelley - Regional Research Institute (RRI), West Virginia University
Persistent link: https://www.econbiz.de/10010904055
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Environmental policy and the economic downturn
Bowen, Alex; Stern, Nicholas - London School of Economics (LSE) - 2010
This paper considers how environmental policies should respond to macroeconomic downturns. It first explores the implications of the global economic downturn of 2008-09 for environmental policies, focusing in particular on the example of action against climate change. The arguments for and...
Persistent link: https://www.econbiz.de/10010744909
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Public Investment in a Small Open Economy
Meijdam, Lex; Heijdra, B.J. - Tilburg University, Center for Economic Research - 1997
We study the effects of public investment in a dynamic overlapping-generations model of a small open economy. Boosting public investment stimulates private capital formation, output, employment, and wages in the long run. The impact effects depend critically on whether public capital is modeled...
Persistent link: https://www.econbiz.de/10011092278
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Impacts of Regional Growth on Farmland Development in the Northeast U.S.
Hailu, Yohannes; Brown, Cheryl - Regional Research Institute (RRI), West Virginia University - 2007
This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on...
Persistent link: https://www.econbiz.de/10010904069
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Impacts of Regional Growth on Farmland Development in the Northeast U.S.
Hailu, Yohannes; Brown, Cheryl - Regional Research Institute (RRI), West Virginia University - 2007
This study models the relationship between regional growth and agricultural land development in the Northeast United States. A system of simultaneous equations is estimated using three-stage-least squares on county-level data. Results indicate that regional growth puts upward pressure on...
Persistent link: https://www.econbiz.de/10010929291
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Incubation Push or Business Pull? Investigating the Geography of US Business Incubators
Qian, Haifeng; Haynes, Kingsley - Regional Research Institute (RRI), West Virginia University - 2010
The primary purposes of this paper are to present the geographic distribution of US business incubators and to explore geographically bounded factors that influence the location of business incubators. Our data show that US business incubators are unevenly distributed across the urban/rural...
Persistent link: https://www.econbiz.de/10010929356
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Incubation Push or Business Pull? Investigating the Geography of US Business Incubators
Qian, Haifeng; Haynes, Kingsley - Regional Research Institute (RRI), West Virginia University - 2010
The primary purposes of this paper are to present the geographic distribution of US business incubators and to explore geographically bounded factors that influence the location of business incubators. Our data show that US business incubators are unevenly distributed across the urban/rural...
Persistent link: https://www.econbiz.de/10010778451