Showing 1 - 10 of 96
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
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
Persistent link: https://www.econbiz.de/10012057055
convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
Persistent link: https://www.econbiz.de/10012056555
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
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on...
Persistent link: https://www.econbiz.de/10012503009
Firms' investment decisions involve analyzing prices, products, technologies, productive capacity and the availability of credit. These and other factors were greatly impacted by the 2009 post-crisis economic environment in Brazil. We measure the after crisis impacts of subsidized credit on the...
Persistent link: https://www.econbiz.de/10012061259
Independent and high-quality evaluations of government policies are an important input for designing evidence-based policy. Lack of incentives and institutions to write such evaluations, on the other hand, carry the risk of turning the system into a costly beauty contest. We study one of the...
Persistent link: https://www.econbiz.de/10014574916
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 …
Persistent link: https://www.econbiz.de/10012502995
positive than in market economies. Over time, this difference has vanishes. Convergence can be attributed to changing believes …
Persistent link: https://www.econbiz.de/10010194639
Persistent link: https://www.econbiz.de/10012208673