Showing 1 - 10 of 28
We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...
Persistent link: https://www.econbiz.de/10013466939
regional convergence, as every percentage point of net migration increased GDP per capita by roughly 0.01% and reduced …
Persistent link: https://www.econbiz.de/10012595256
remains inconclusive about speed of convergence across regions, if not its existence. This paper provides a new look on … convergence in the EU while focusing on development at regional level after the Great Recession. It uses the log t convergence … test by Phillips and Sul (2007) to analyze the convergence in level of income among the European regions. Rather than …
Persistent link: https://www.econbiz.de/10012542386
We estimate a linear approximation of the market potential function derived in geography and trade models. Using a spatial econometric estimation approach, border effects can be identified by a differential impact of neighboring regions' purchasing power, depending on whether two regions are...
Persistent link: https://www.econbiz.de/10011494816
We examine the effect of natural resource exports on economic performance during the 1996-2011 period in the 15 independent countries that formerly comprised the Soviet Union. These countries were a largely homogeneous group with respect to social and institutional context; however, these...
Persistent link: https://www.econbiz.de/10010429952
This paper examines the association between participation in global value chains and financial globalisation measured by international net and capital flows. The results show that financial globalisation and the rise of global value chains are related but not two sides of the same coin. In fact,...
Persistent link: https://www.econbiz.de/10012584810
We estimate the causal effect of natural catastrophes on financial development. We focus on largest catastrophes in developing economies in 1960-2016, employ synthetic control method to compute the counterfactual and use the credit to GDP ratio as the measure of financial development. Our...
Persistent link: https://www.econbiz.de/10012242866
This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous 'rationalities of failure,' either of...
Persistent link: https://www.econbiz.de/10014321507
Persistent link: https://www.econbiz.de/10001776001
Persistent link: https://www.econbiz.de/10002209124