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The Impact of Local Decentralization on Economic Growth : Evidence from U.S. Counties

Hammond, George W. - 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/10013153508

Diversity and Growth

Gradstein, Mark - 2018

The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...

Persistent link: https://www.econbiz.de/10012917100

Past Dominations, Current Institutions and the Italian Regional Economic Performance

Di Liberto, Adriana - 2015

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional performance calculated using data on the provision of different areas of public services. In order to address...

Persistent link: https://www.econbiz.de/10013029621

The Phantom of the Opera : Cultural Amenities, Human Capital, and Regional Economic Growth

Falck, Oliver - 2020

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10012857538

Regional Convergence in Russia : Estimating a Neoclassical Growth Model

Lehmann, Hartmut - 2020

In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze regional convergence process in the Russian case. We also take into account possible spatial effects and do … a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While we …

Persistent link: https://www.econbiz.de/10012839051

Local Employment Growth in West Germany : A Dynamic Panel Approach

Blien, Uwe; Südekum, Jens; Wolf, Katja - 2021

In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...

Persistent link: https://www.econbiz.de/10013318319

The Long-Run Effects of Immigration : Evidence Across a Barrier to Refugee Settlement

Ciccone, Antonio; Nimczik, Jan Sebastian - 2022

After the end of World War II in 1945, millions of refugees arrived in what in 1949 became the Federal Republic of Germany. We examine their effect on today's productivity, wages, income, rents, education, and population density at the municipality level. Our identification strategy is based on...

Persistent link: https://www.econbiz.de/10014083765

The Macroeconomics of Targeting : The Case of an Enduring Epidemic

Bell, Clive - 2006

What is the right balance among policy interventions in order to ensure economic growth over the long run when an epidemic causes heavy mortality among young adults? We argue that, in general, policies to combat the disease and promote education must be concentrated, in certain ways, on some...

Persistent link: https://www.econbiz.de/10012779117

Capital Fundamentalism and Structural Transformation

Tohari, Achmad; Parsons, Christopher R.; Rammohan, Anu - 2021

We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...

Persistent link: https://www.econbiz.de/10013223995

Welfare Benefits of Agglomeration and Worker Heterogeneity

Teulings, Coen N. - 2014

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Persistent link: https://www.econbiz.de/10013049070