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Convergence Clubs and Spatial Externalities : Models and Applications of Regional Convergence in Europe

Alexiadis, Stilianos - 2013

Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence …/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional … Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 …

Persistent link: https://www.econbiz.de/10014016174

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