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On the relevance of exports for regional output growth in China

Dreger, Christian; Zhang, Yanqun - 2013

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a production function approach, this paper examines to which...

Persistent link: https://www.econbiz.de/10009688451

Does accounting for spatial effects help forecasting the growth of Chinese provinces?

Girardin, Eric; Cholodilin, Konstantin Arkadʹevič - 2009

In this paper, we make multi-step forecasts of the annual growth rates of the real GRP for each of the 31 Chinese provinces simultaneously. Beside the usual panel data models, we use panel models that explicitly account for spatial dependence between the GRP growth rates. In addition, the...

Persistent link: https://www.econbiz.de/10003889550

European regional convergence in a human capital augmented solow model

Eckey, Hans-Friedrich (contributor); … - 2006

In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional … control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3 … in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK …

Persistent link: https://www.econbiz.de/10003386580

Local banking and local economic growth in Italy : some panel evidence

Caporale, Guglielmo Maria; Di Colli, Stefano; Di Salvo, … - 2014

This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level - the Italian "province") in Italy. A comprehensive dataset is used, which includes control variables for social capital and human capital as well as indicators of the quality of...

Persistent link: https://www.econbiz.de/10010406692

Contribution to productivity or pork barrel? : The two faces of infrastructure investment

Cadot, Olivier (contributor); … - 2004 - [Elektronische Ressource], rev

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

Persistent link: https://www.econbiz.de/10002424392

Economic effects of transportation infrastructure quantity and quality : a study of German counties

Gaus, Dennis; Link, Heike - 2020

In this paper, we analyze the impact of transportation infrastructure quantity and quality on regional economic production. We exploit an extensive panel dataset on the German county level (N=401), expressing the capital value and condition of highways between 2007 and 2016, to estimate a...

Persistent link: https://www.econbiz.de/10012156021

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

Fiscal spillovers in the euro area

Caporale, Guglielmo Maria; Girardi, Alessandro - 2011

This paper analyses the dynamic effects of fiscal imbalances in a given EMU member state on the borrowing costs of other countries in the euro area. The estimation of a multivariate, multi-country time series model (specifically a Global VAR, or GVAR) using quarterly data for the EMU period...

Persistent link: https://www.econbiz.de/10009579628

The European debt crisis and fiscal reaction functions in Europe 2000 - 2012

Baldi, Guido; Stæhr, Karsten - 2013

After the global financial crisis, some governments in the EU experienced serious debt financing problems, while others were less affected. This paper seeks to shed light on the divergent fiscal performance by assessing the fiscal conduct in the EU countries before and after the outbreak of the...

Persistent link: https://www.econbiz.de/10009745191

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