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Persistent link: https://www.econbiz.de/10011286503
This paper analyzes the issue of convergence in OECD countries and tries to assess the effect of financial crisis on … the process of convergence. In other words it will consider whether the global financial crisis pulled the economies of … the convergence process as the Great Depression had 80 years ago. It will analyze the most important macroeconomic data …
Persistent link: https://www.econbiz.de/10011861242
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Persistent link: https://www.econbiz.de/10011631959
The aim of the article is to compare the total real GDP growth of European countries from the 3rd quarter of 2008 with the 3rd quarter of 2012, the period characterized by a predominant economic stagnation or economic recession in the majority of examined European countries. The countries are...
Persistent link: https://www.econbiz.de/10011862799
The EU designs its cohesion policy with the primary purpose of reducing disparities in regional development. The success of the policy is largely determined by the identification of factors that contribute to such disparities. One of the key determinants of economic success is human capital....
Persistent link: https://www.econbiz.de/10011869790
This paper investigates whether technological shocks, constructed to be consistent with the observed cross-country income dispersion, are also capable of accounting for development regularities related to capital accumulation. This question is approached via a quantitative theoretical analysis...
Persistent link: https://www.econbiz.de/10005069714
Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants (200 workers or more), as opposed to reallocation across...
Persistent link: https://www.econbiz.de/10010600532
A regional economy consists of industries with a variety of economic potentials. A growth or decline in any of these sectors affects the overall growth of the economy. Analysis of economic growth by sector of a particular region helps policy makers, community leaders and researchers in better...
Persistent link: https://www.econbiz.de/10010929329
Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and...
Persistent link: https://www.econbiz.de/10010929337