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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
convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
Persistent link: https://www.econbiz.de/10012056555
This paper revisits the work of Richard Cantillon and Francois Quesnay in order to conceptualise the dynamics between rural and urban areas in an economy. Concepts of social surplus and economy as a circular flow are presented in order to highlight the interrelationship between the growth...
Persistent link: https://www.econbiz.de/10008836739
In the growth literature, there is a nonlinear relationship between economic growth and government size, which is similar to an inverted U-shaped curve. This curve can be used to determine the optimum share of government expenditures. This paper, using threshold panel approach, attempts to...
Persistent link: https://www.econbiz.de/10011109576
Persistent link: https://www.econbiz.de/10012208673
This paper uses time-series data from nineteen Latin American countries and the U.S. to test for income convergence … using two existing definitions of convergence and a new testable definition of β-convergence. Only Dominican Republic and … convergence exists when allowing for structural breaks using the two-break minimum LM unit root of Lee and Strazicich (2003). The …
Persistent link: https://www.econbiz.de/10009493290
the empirical results caused by the use of different spatial scales in the analysis of convergence process of European … (MAUP). Thus, convergence processes among EU15 are examined across three spatial scales often used in applied work, namely …, NUTS1, NUTS2 and NUTS3, between 2000 and 2008. The paper suggests that convergence pattern of EU regions depends on the …
Persistent link: https://www.econbiz.de/10010740554
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Persistent link: https://www.econbiz.de/10012594152