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Is there convergence of Russia's regions? : exploring the empirical evidence : 1995-2010
Lehmann, Hartmut; Silvagni, Maria Giulia - 2013
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995 …-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we … regional product confirm this outcome as do non-parametric estimates of convergence, namely estimates using Markov transition …
Persistent link: https://www.econbiz.de/10011730869
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A century of regional inequalities in Brazil
Magalhães, João Carlos Ramos; Alves, Pedro Jorge Holanda - 2022
leapfrogging over richer municipalities, from 1920 to 1970. Although the coefficients confirmed a long-term convergence trend in …
Persistent link: https://www.econbiz.de/10014428797
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Regional convergence and economic performance : a case study of the West German Laender
Buscher, Herbert S. - 1999
In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as … convergence was insufficient in the sense that no gains have been achieved with respect to a stronger harmonization of the …
Persistent link: https://www.econbiz.de/10013428207
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Till labor cost do us part : on the long run convergence of EMU countries
Pancotto, Francesca; Pericoli, Filippo Maria - 2011
A sustainable long-run pattern in the relative competitiveness of euro area countries is a key factor for the survivorship of the monetary union. We analyze the issue focussing on unit labor cost dynamics using cointegration analysis for the whole economy and for the manufacturing sector...
Persistent link: https://www.econbiz.de/10011735051
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Malthus was right : explaining a millennium of stagnation
Madsen, Jakob Brøchner; Robertson, Peter E.; Ye, Longfeng - 2019
Persistent link: https://www.econbiz.de/10012208673
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Regional growth and regional decline
Breinlich, Holger; Ottaviano, Gianmarco I. P.; Temple, … - 2013
Persistent link: https://www.econbiz.de/10009777644
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The importance of EU cohesion policy for economic growth and convergence
Ehrlich, Maximilian von - 2024
This chapter discusses factors that contributed to different economic dynamics across European regions and the prevailing disparities. The impact of EU Cohesion Policy in reducing disparities is studied based on the empirical evidence on the effects of EU regional policy. With more than thirty...
Persistent link: https://www.econbiz.de/10014577539
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The empirics of economic growth over time and across nations : a unified growth perspective
Cervellati, Matteo; Meyerheim, Gerrit; Sunde, Uwe - 2022
studied in isolation. The findings also shed new light on the role of the demographic transition for convergence patterns, the …
Persistent link: https://www.econbiz.de/10014458861
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Fiscal devaluation in a monetary union : conference paper
Engler, Philipp; Ganelli, Giovanni; Tervala, Juha; … - 2014
Between 1999 and the onset of the economic crisis in 2008 real exchange rates in Greece, Ireland, Italy, Portugal and Spain appreciated relative to the rest of the euro area. This divergence in competitiveness was reflected in the emergence of current account imbalances. Given that exchange rate...
Persistent link: https://www.econbiz.de/10010487256
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Thoughts on a fiscal union in EMU
Gadatsch, Niklas; Hollmayr, Josef; Stähler, Nikolai - 2016
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743