Showing 1 - 10 of 12
Globalisation became truly frequented notion of our era. There is wide consent that global processes increase both risks and opportunities for individuals, enterprises as well as whole communities and countries. In spite of this, it is only seldom stated that globalisation involves also numerous...
Persistent link: https://www.econbiz.de/10005836849
This paper reconsiders the question of regional convergence across the US States over the long-run. The analysis is carried out over the period 1929-2005. Our analysis advocates and implements an Error-Correction-Model (ECM) approach to deal with this issue. The aforementioned model is applied...
Persistent link: https://www.econbiz.de/10008490492
Lamentations on societal and environmental developments become increasingly audible in our times. Currently, we can hear almost every day about reaching the balance in a very sensitive triangle economic sustainability-social sustainability-environmental sustainability. It is largely omitted that...
Persistent link: https://www.econbiz.de/10005105664
There are numerous obscurities connected with territorial marketing. Substantial misunderstandings can occur already for the sake of the fact that this concept was labeled by different notions so far. Naturally, the same – with even higher intensity – holds true for the transition economies....
Persistent link: https://www.econbiz.de/10005105701
The article deals with dichotomic character of contemporary regional development in transitional economies. It is shown the main problem of spatial development in transitional economies consists in sharp discordance between inadequately distributed and distorted system macrostructures inherited...
Persistent link: https://www.econbiz.de/10005105707
This paper attempts to rekindle interest on regional allocation of investment and to show that a trade-off between aggregate efficiency and interregional equity is implied. Modifying, however, the objective function it is established that this trade-off can be avoided.
Persistent link: https://www.econbiz.de/10011108923
A model of regional convergence is developed in which the pattern of convergence is attributed to the rate of technological adoption across regions. If absorptive abilities vary across regions, convergence is constrained within a certain group of regions that share common structural...
Persistent link: https://www.econbiz.de/10008592936
Although the importance of technology adoption has been acknowledged, nevertheless, at a more general level, a critical question arises: how do the overall infrastructure conditions affect the absorptive ability of a regional economy? This question can be stated alternatively as: what are the...
Persistent link: https://www.econbiz.de/10008562641
predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and …
Persistent link: https://www.econbiz.de/10011259180
A two-component model for the evolution of real GDP per capita in the USA is presented and tested. The first component … between the growth rate of real GDP per capita and the number of 9-year-olds in the USA is tested for cointegration. For … cointegrating relation. Econometrically, the tests for cointegration show that the deviations of real economic growth in the USA …
Persistent link: https://www.econbiz.de/10005790144