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Remoteness and unbalanced growth: Understanding divergence across Indian districts

Das, Samarjit; Ghate, Chetan; Robertson, Peter E. - 2013

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …

Persistent link: https://www.econbiz.de/10011807674

Can government policies increase national long-run growth rates?

Landon-Lane, John S.; Robertson, Peter E. - 2001

We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these are the same across countries. We find that we cannot reject this hypothesis for the first and last three decades of the 20th century. We conclude that: (i) there are few, if...

Persistent link: https://www.econbiz.de/10010318375

Does euro area membership affect the relation between GDP growth and public debt?

Dreger, Christian; Reimers, Hans-Eggert - 2012

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by distinguishing between periods of sustainable and non-sustainable debt. Thresholds are theory-based and depend on the macroeconomic framework. If the interest rate exceeds...

Persistent link: https://www.econbiz.de/10009666798

On the relationship between public and private investment in the euro area

Dreger, Christian; Reimers, Hans-Eggert - 2014

This paper explores the long run relationship between public and private investment in the euro area in terms of capital stocks and gross investment flows. Panel techniques accounting for international spillovers are employed. While private and public capital stocks are cointegrated, the...

Persistent link: https://www.econbiz.de/10010248168