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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

Moonshot : Public R&D and Growth

Kantor, Shawn Everett; Whalley, Alexander T. - National Bureau of Economic Research - 2023

We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...

Persistent link: https://www.econbiz.de/10014322858

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

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

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

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

Urban-Biased Growth : A Macroeconomic Analysis

Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - National Bureau of Economic Research - 2022

Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...

Persistent link: https://www.econbiz.de/10013388871

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

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

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

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