Showing 1 - 10 of 170
There is still hardly any empirical evidence on how divergent broadband technologies, and, by extension, bandwidth levels, influence GDP growth, or on the extent of spatial externalities at a regional level. Our study aims to assess the economic benefits of high-speed broadband networks within...
Persistent link: https://www.econbiz.de/10012029109
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
Persistent link: https://www.econbiz.de/10012057055
This paper first presents a comprehensive analysis of the significance of different transmission channels of the global economic and financial crisis to Sub-Saharan African countries. It then examines the repercussions of the crisis for the growth of gross domestic product (GDP) and its...
Persistent link: https://www.econbiz.de/10013316048
convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
Persistent link: https://www.econbiz.de/10012056555
leapfrogging over richer municipalities, from 1920 to 1970. Although the coefficients confirmed a long-term convergence trend in …
Persistent link: https://www.econbiz.de/10014428797
Persistent link: https://www.econbiz.de/10011483879
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on...
Persistent link: https://www.econbiz.de/10012503009
Economic and Monetary Union (EMU) and increase its resilience, inter alia, by speeding up economic convergence. The impact of … transfers in real and business cycle convergence at a regional level. The paper distinguishes between net fiscal transfers - a … provides evidence that net fiscal transfers have contributed to income redistribution across regions and to faster convergence …
Persistent link: https://www.econbiz.de/10012521156
Economic and Monetary Union (EMU) and increase its resilience, inter alia, by speeding up economic convergence. The impact of … transfers in real and business cycle convergence at a regional level. The paper distinguishes between net fiscal transfers – a … provides evidence that net fiscal transfers have contributed to income redistribution across regions and to faster convergence …
Persistent link: https://www.econbiz.de/10013314882
Firms' investment decisions involve analyzing prices, products, technologies, productive capacity and the availability of credit. These and other factors were greatly impacted by the 2009 post-crisis economic environment in Brazil. We measure the after crisis impacts of subsidized credit on the...
Persistent link: https://www.econbiz.de/10012061259