Similar Search Results

Aggregate production functions and the accounting identity critique : further reflections on Temple's criticisms and misunderstandings

Felipe, Jesus; McCombie, John S. L. - 2012

In a reply to Felipe and McCombie (2010a), Temple (2010) has largely ignored the main arguments that underlie the accounting identity critique of the estimation of production functions using value data. This criticism suggests that estimates of the parameters of aggregate production functions...

Persistent link: https://www.econbiz.de/10009530284

Problems with regional production functions and estimates of agglomeration economies : a caveat emptor for regional scientists

Felipe, Jesus; McCombie, John S. L. - 2012

Over the last 20 years or so, mainstream economists have become more interested in spatial economics and have introduced largely neoclassical economic concepts and tools to explain phenomena that were previously the preserve of economic geographers. One of these concepts is the aggregate...

Persistent link: https://www.econbiz.de/10009535548

Modeling technological progress and investment in China : some caveats

Felipe, Jesus; McCombie, John S. L. - 2010

Since the early 1990s, the number of papers estimating econometric models and using other quantitative techniques to try to understand different aspects of the Chinese economy has mushroomed. A common feature of some of these studies is the use of neoclassical theory as the underpinning for the...

Persistent link: https://www.econbiz.de/10008759406

EU regional policy and its theoretical foundations revisited

Schmidt, Peter - European Regional Science Association - 2014

This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...

Persistent link: https://www.econbiz.de/10011075859

The EU structural funds as a means to hamper migration

Schmidt, Peter - 2012

convergence or economic cohesion, respectively. Following this strand of theory no regional policy is needed to achieve … convergence among the regions or nations of a common market. Thus, comparing the two internal markets, the question comes up if … inhibiting internal migration, which is one of the key measures in achieving convergence among the nations in the Single European …

Persistent link: https://www.econbiz.de/10011515661

EU regional policy : its theoretical foundations and their policy conclusions revisited

Schmidt, Peter - 2014 - Draft

Persistent link: https://www.econbiz.de/10011487099