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The role of fiscal transfers for regional economic convergence in Europe
Checherita-Westphal, Cristina; Nickel, Christiane; … - 2009
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …, while achieving regional redistribution, seem to impede output growth and promote an “immiserising convergence”: output …
Persistent link: https://www.econbiz.de/10011605075
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Spatio-temporal Analysis of Regional Systems: A Multiregional Spatial Vector Autoregressive Model for Spain
RAMAJO, JULIAN; MARQUEZ, MIGUEL A.; HEWINGS, GEOFFREY J.D. - European Regional Science Association - 2013
This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...
Persistent link: https://www.econbiz.de/10010740435
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A retrospective study on the regional benefits and spillover effects of high-speed broadband networks : evidence from German counties
Briglauer, Wolfgang; Dürr, Niklas S.; Gugler, Klaus - 2019 - This version: May 2019
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
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Theory and empirics of horizontal and spatial integration of local communal services
Czako, Katalin; Poreisz, Veronika - European Regional Science Association - 2013
There are three parts of our paper. Firstly, it gives an overview about the goals and factors which affect the integration of local communal services. Horizontal integration means joining the various individual service providers, such as water supply and sewage, communal waste, district heating,...
Persistent link: https://www.econbiz.de/10011145512
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Inflation, factor substitution and growth
Klump, Rainer - 2003
Persistent link: https://www.econbiz.de/10011604326
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Interregional Inequality and Federal Expenditures and Transfers in Russia
Torbenko, Alexander - European Regional Science Association - 2014
The paper considers the influence of federal government expenditures and transfers on interregional convergence in … period in Russian regions there existed un- conditional beta-convergence, poor regions grew faster than rich ones. This …. Comparing our results to the results of previous research the process of interregional convergence in Russia can be seen. In the …
Persistent link: https://www.econbiz.de/10011075963
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The effects of government spending in a small open economy within a monetary union
Clancy, Daragh; Jacquinot, Pascal; Lozej, Matija - 2014
Small open economies within a monetary union have a limited range of stabilisation tools, as area-wide nominal interest and exchange rates do not respond to country-specific shocks. Such limitations imply that imbalances can be difficult to resolve. We assess the role that government spending...
Persistent link: https://www.econbiz.de/10011605772
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The Effects of Government Spending in a Small Open Economy within a Monetary Union
Clancy, Daragh - 2014
Small open economies within a monetary union have a limited range of stabilisation tools, as area-wide nominal interest and exchange rates do not respond to country-specific shocks. Such limitations imply that imbalances can be difficult to resolve. We assess the role that government spending...
Persistent link: https://www.econbiz.de/10013049189
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Political electoral cycles and public investments in Brazil
Orair, Rodrigo Octávio; Gouvêa, Raphael Rocha; Leal, … - 2015
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
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Evaluating multiple spatial dimensionsof economic growth in Brazil using spatial panel data models (1970-2000)
Resende, Guilherme Mendes; Carvalho, Alexandre Ywata de; … - 2015
convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
Persistent link: https://www.econbiz.de/10012056555