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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...
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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 …
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convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
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leapfrogging over richer municipalities, from 1920 to 1970. Although the coefficients confirmed a long-term convergence trend in …
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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 …
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