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Decentralization, social capital and regional convergence
Mauro, Luciano; Pigliaru, Francesco - 2013
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
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The comparative economics of catch-up in output per worker, total factor productivity and technological gain in Sub-Saharan Africa
Ssozi, John; Asongu, Simplice A. - 2015
the beta catch-up and sigma convergence to compare dispersions in output per worker, total factor productivity and ….70% per annum with corresponding time to full catch-up of 25.38 years and 26.01 years respectively. Third, we find sigma-convergence …
Persistent link: https://www.econbiz.de/10011407943
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African development : beyond income convergence
Asongu, Simplice A. - 2012
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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How fast are the tourism countries growing? : the cross-country evidence
Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - 2003
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of 143 countries, observed during the period 1980-95....
Persistent link: https://www.econbiz.de/10011592920
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Is temperature adversely related to economic growth? : evidence on the short-run and the long-run links from sub-national data
Meierrieks, Daniel; Stadelmann, David - 2021
We investigate the effect of rising temperatures on economic development, using sub-national data for approximately 1,500 sub-national regions in 81 countries from the 1950s to the 2010s. Accounting for region- and time-fixed factors by means of a two-way fixed effects panel approach, we find no...
Persistent link: https://www.econbiz.de/10012660336
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The effects of the EU Cohesion Policy on regional economic growth : using structural equation modelling for impact assessment
Maucorps, Ambre; Jestl, Stefan; Römisch, Roman - 2020
This paper analyses the effects of the EU Cohesion Policy (CP) on the economic growth of 276 European NUTS-2 regions between 2008 and 2016. Using a structural equation model (SEM) consisting of both a measurement component (with two latent variables) and a structural component, we estimate the...
Persistent link: https://www.econbiz.de/10012264978
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European Union cohesion project characteristics and regional economic growth
Darvas, Zsolt M.; Mazza, Jan; Midões, Catarina - 2021
Due to problems with existing methodologies that aim to identify the causal impact of European Union cohesion policy on economic growth, we adopted a novel methodology. We first estimated 'unexplained economic growth' by controlling for the influence of various region-specific factors, and then...
Persistent link: https://www.econbiz.de/10012433816
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Identifying and disentangling the impact of fiscal decentralization on economic growth
Canavire-Bacarreza, Gustavo; Martinez-Vazquez, Jorge; … - 2019
This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity issue stemming from reverse causality and unobserved factors that has plagued previous extensive literature on this subject. In our approach, we use the Geographic Fragmentation...
Persistent link: https://www.econbiz.de/10012107011
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On the economic effects of a reallocation of EU cohesion policy expenditures
Jestl, Stefan; Römisch, Roman - 2020
-run convergence and short-run economic performance. …
Persistent link: https://www.econbiz.de/10012264955
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On the water-energy-food nexus: is there multivariate convergence?
Bollino, Carlo Andrea; Galeotti, Marzio - 2021
This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … multivariate sigma and beta-convergence. The results reveal that there is evidence of sigma- absolute beta- and conditional beta-convergence … impact of each variable on the others in the analyzed countries. The speed of convergence is simulated to assess when the …
Persistent link: https://www.econbiz.de/10012487810