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The Impact of Local Decentralization on Economic Growth: Evidence from U.S. Counties
Hammond, George W.; Tosun, Mehmet S. - Institute for the Study of Labor (IZA) - 2009
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10008497588
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Policies for Inclusive Urbanisation in China
Koen, Vincent; Herd, Richard; Wang, Xiao; Chalaux, Thomas - Economics Department, Organisation de Coopération et … - 2013
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10011276950
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Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China
Fu, Feng-Cheng; Vijverberg, Chu-Ping C.; Vijverberg, … - Institute for the Study of Labor (IZA) - 2004
This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor productivity across provinces, but the contribution of...
Persistent link: https://www.econbiz.de/10005822341
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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Enhancing Income Convergence in Central Europe after EU Accession
Lenain, Patrick; Rawdanowicz, Łukasz - Economics Department, Organisation de Coopération et … - 2004
. Although convergence towards higher levels of income appears to be a distant prospect at current trend growth rates, this is … in this respect. While ... Renforcer la convergence des revenus en Europe Centrale après les adhesions à l … leur ont été très profitables. Même si la convergence vers des niveaux de revenu plus élevés semble une perspective …
Persistent link: https://www.econbiz.de/10005045850
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Is There Convergence of Russia's Regions?: Exploring the Empirical Evidence: 1995–2010
Lehmann, Hartmut; Silvagni, Maria Giulia - Economics Department, Organisation de Coopération et … - 2013
This paper analyses 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/10011276828
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The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence
Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2009
long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …
Persistent link: https://www.econbiz.de/10008527330
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Is There Convergence of Russia's Regions? Exploring the Empirical Evidence: 1995–2010
Lehmann, Hartmut; Silvagni, Maria Giulia - Institute for the Study of Labor (IZA) - 2013
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/10010695863
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Portugal - Solid Foundations for a Sustainable Fiscal Consolidation
Haugh, David; Sorbe, Stéphane - Economics Department, Organisation de Coopération et … - 2012
Owing to slow growth and a relatively weak fiscal position, Portugal’s public debt had been rising for almost a decade when the global crisis struck, sharply increasing the deficit. The loss of confidence in Portuguese and other euro area sovereign bonds required international financial...
Persistent link: https://www.econbiz.de/10011277000
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Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia
Klein, Caroline; Price, Robert W.R.; Wörgötter, Andreas - Economics Department, Organisation de Coopération et … - 2013
The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of high trend growth and underpinning a catch-up in living standards. While the recently...
Persistent link: https://www.econbiz.de/10011277021