Showing 1 - 10 of 10
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011256152
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10005144476
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10011255754
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10005144527
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10011256081
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10005136906
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...
Persistent link: https://www.econbiz.de/10005137127
Using a unique panel data set for rural households in Zimbabwe we estimate a
Persistent link: https://www.econbiz.de/10005504912
This discussion paper resulted in a publication in the 'World Bank Economic Review', 2007, 21, 1-20.<p> There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a...</p>
Persistent link: https://www.econbiz.de/10011256469
simulation experiments(over a 20-year period) to quantify the importance of convergence, household fixed effectsand shocks. First …, we find powerful convergence. In the absence of shocks and withouthousehold fixed effects there is rapid growth over the …
Persistent link: https://www.econbiz.de/10011256948