Showing 1 - 10 of 139
The regional development policy in Brazil materializes mainly in the regional development funds for the north-east (FNE), the north (FNO), and the centre-west (FCO), in which more than EUR36 billion was invested between 2004 and 2010. This paper examines the economic effect of these regional...
Persistent link: https://www.econbiz.de/10011392771
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
-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
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the … understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per …
Persistent link: https://www.econbiz.de/10012404488
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
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
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
growth. On average, cities recovered their pre-Plague populations within two centuries. In addition, aggregate convergence …
Persistent link: https://www.econbiz.de/10011977143
Recent work on the relationship between tax structure and economic growth has offered little reliable evidence for developing countries. Yet it is in such countries where the greatest changes in tax structure not only have been seen over the past 30 years but will likely continue to be seen in...
Persistent link: https://www.econbiz.de/10011573226
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012154916