Showing 1 - 10 of 108
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/10010127808
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze the regional convergence process in the Russian case. We also take into account possible spatial effects … and do a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While …
Persistent link: https://www.econbiz.de/10012183996
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …, while achieving regional redistribution, seem to impede output growth and promote an “immiserising convergence”: output …
Persistent link: https://www.econbiz.de/10011605075
and spanning 22 years, first, to test hypothesis that there is within-country income convergence. Second, through a … decomposition of the poverty convergence elasticity, the analysis investigates whether this convergence, if it exists, has … translated into poverty convergence. In a context of overall stagnant economic growth and poverty reduction since 1990, the …
Persistent link: https://www.econbiz.de/10012262928
Small open economies within a monetary union have a limited range of stabilisation tools, as area-wide nominal interest and exchange rates do not respond to country-specific shocks. Such limitations imply that imbalances can be difficult to resolve. We assess the role that government spending...
Persistent link: https://www.econbiz.de/10013049189
We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel … estimate parametrically, nonparametrically, and with a threshold model. Our results show that economic convergence is …
Persistent link: https://www.econbiz.de/10011993244
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …
Persistent link: https://www.econbiz.de/10012764767
Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
Persistent link: https://www.econbiz.de/10010259539
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010394598
We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...
Persistent link: https://www.econbiz.de/10012549818