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The elusive quest for the holy grail of an impact of EU funds on regional growth
Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019
We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...
Persistent link: https://www.econbiz.de/10012138778
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An open-economy Ramsey-Cass-Koopmans model in reduced form
Spiro, Daniel - 2021
-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …
Persistent link: https://www.econbiz.de/10012619417
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Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kuehnel, Johanna - 2021
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
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Public and private investments : a VAR analysis of their impact on economic growth in 18 advanced economies
Afonso, António; Caiado, Jorge; Kanaan, Omar Al. - 2024
This paper examines the macroeconomic returns on public and private investments in 18 advanced economies from 1965 to 2019, using a Vector Autoregressive (VAR) approach. We assess whether higher investment levels drive economic growth and explore the interplay between public and private...
Persistent link: https://www.econbiz.de/10015081346
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The determinants of economic growth in European regions
Crespo Cuaresma, Jesús; Doppelhofer, Gernot; … - 2009
regions, we find evidence for conditional convergence with speed around two percent. The convergence process between countries … is dominated by the catching up process of regions in Central and Eastern Europe (CEE), whereas convergence within …
Persistent link: https://www.econbiz.de/10003806087
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Threshold effects and regional economic growth e Evidence from West Germany
Funke, Michael; Niebuhr, Annekatrin - 2002
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398
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The Determinants of Economic Growth in European Regions
Cuaresma, Jesús Crespo - 2009
regions, we find evidence for conditional convergence with speed around two percent. The convergence process between countries … is dominated by the catching up process of regions in Central and Eastern Europe (CEE), whereas convergence within …
Persistent link: https://www.econbiz.de/10012765299
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Geography, institutions, and the making of comparative development
Auer, Raphael A. - 2012
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10009571204
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Geography, Institutions, and the Making of Comparative Development
Auer, Raphael - 2021
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10013315896
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Pandemics, places, and populations : evidence from the Black Death
Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019
growth. On average, cities recovered their pre-Plague populations within two centuries. In addition, aggregate convergence …
Persistent link: https://www.econbiz.de/10011977143