Showing 1 - 10 of 65
convergence in the two economies. This is the first of its kind. The paper presents a detailed examination of economic growth in … countries and investigates whether there is any evidence of regional convergence during the period of rapid economic growth. It …
Persistent link: https://www.econbiz.de/10010284653
Entrepreneurship has been a topical issue in the business administration literature, but in the past decade a wave of interest can be observed on the role of entrepreneurship in the economic growth literature. This paper aims to highlight the various contributions to the entrepreneurship...
Persistent link: https://www.econbiz.de/10010273521
This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In China we have examined how marketization and decentralization has affected the composition of provincial public expenditure and in the case of India we have examined the impact of...
Persistent link: https://www.econbiz.de/10010273413
In this paper, an attempt is made to identify some key challenges for infrastructure sectors in post-conflict reconstruction. In spite of the Hague and Geneva Conventions, infrastructure can be damaged in conflicts, and reconstructing infrastructure is often essential to sustain recovery....
Persistent link: https://www.econbiz.de/10010284711
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on...
Persistent link: https://www.econbiz.de/10012503009
Persistent link: https://www.econbiz.de/10010323503
development of South Africa?s largest cities. Our local economic growth empirics show some indications of conditional convergence … convergence was found but this was driven by declines in the standard deviation of per capita income amongst the poorest quintile … of towns. An estimate of conditional beta convergence of 1.2 percent over the period 1990-2000 confirms that overall …
Persistent link: https://www.econbiz.de/10010323514
The purpose of this paper is to establish some basic facts about income inequality in the Philippines, with a special focus on the importance of spatial income inequality. Despite major fluctuations in macroeconomic performances, income inequality remained relatively stable during the years...
Persistent link: https://www.econbiz.de/10010284566
The concept of convergence is extended to the human development index. Evidence of weak absolute convergence is found … over 1975-2002. The results are robust and verified by various conditional -convergence models and also supported by the … evidence of weak -convergence. Population weighted analyses provide support for polarization in the human development index …
Persistent link: https://www.econbiz.de/10010284714
Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms … indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …
Persistent link: https://www.econbiz.de/10012502995