Showing 1 - 10 of 132
convergence. We apply three approaches to convergence – beta-convergence, sigma-convergence and quantile-convergence (q-convergence … check if countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the …
Persistent link: https://www.econbiz.de/10011801809
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I develop an empirical strategy that...
Persistent link: https://www.econbiz.de/10011430076
income convergence. County-level data are particularly valuable for studying convergence because they allow us to study a … in the conditional convergence rates, we report the estimates for the entire data set as well as for subsets including … metro counties, non-metro counties, and five regional groupings. Our findings include: (i) while OLS yields convergence …
Persistent link: https://www.econbiz.de/10013204733
convergence rate across the U.S. is about 7 percent per year – higher than the 2 percent normally found with OLS in cross …-country, U.S. state, and European region samples. Estimated convergence rates for 32 individual states are above 2 percent with … an average of 8.1 percent. For 29 states the convergence rate is above 2 percent with 95 percent confidence. For seven …
Persistent link: https://www.econbiz.de/10013204740
We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using OLS … and 3SLS-IV we report on the full sample and metro, non-metro, and 5 regional samples: (1) OLS yields convergence rates … around 2 percent; 3SLS yields 6–8 percent; (2) convergence rates vary (e.g., the Southern rate is 2.5 times the Northeastern …
Persistent link: https://www.econbiz.de/10013204752
This study uses heterogeneous panel Granger causality tests to investigate the causal relationships between quality of governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect of economic growth on subsequent quality of...
Persistent link: https://www.econbiz.de/10013208723
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity …. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are …
Persistent link: https://www.econbiz.de/10010335973
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10010336011
This paper studies the joint effect of economic and political inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The...
Persistent link: https://www.econbiz.de/10010278272
Persistent link: https://www.econbiz.de/10011949766