Showing 1 - 10 of 20
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
The present fiscal difficulties of many countries amplify the call for structural reforms. To provide stylized facts on how reforms worked in the past, we quantitatively review 60 studies estimating the relation between reforms and growth. These studies examine structural reforms carried out in...
Persistent link: https://www.econbiz.de/10010197462
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
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
In the face of wars and a geopolitically challenging environment, military expenditures have once again become political focal points in developed countries. However, the scientific literature remains inconclusive regarding their impact on economic growth. This paper conducts a meticulous...
Persistent link: https://www.econbiz.de/10014505857
Regional differences in prices levels are substantial in many countries, but little is known about how important they are for income inequality and relative poverty. To bridge this gap, we provide new evidence on the basis of the best available data and a novel two-step approach. First, we...
Persistent link: https://www.econbiz.de/10011906660
Decelerating productivity in recent years raised questions about technology diffusion in the economy. This study focuses on one particular diffusion channel, entrepreneurship, and inspects the mechanics through which it interacts with digitalization. The composite indicator of digitalization is...
Persistent link: https://www.econbiz.de/10011914711
This paper examines the behaviour of housing prices and identifies their determinants across Czech regions from 2000 to 2017. The effect of a wide range of variables on apartment prices is analyzed on quarterly data for all regions of the Czech Republic using panel dynamic OLS estimator....
Persistent link: https://www.econbiz.de/10012201326
Persistent link: https://www.econbiz.de/10008688998