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creative regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the … convergence case, we analyze how to estimate the speed of convergence parameter (σ) and then discuss the relationship between the … variance of y<sub>j</sub>(t) and that of y<sub>j</sub>(0). In the relative convergence case, we study the error associated with …
Persistent link: https://www.econbiz.de/10012964104
This study employed an innovative spatial econometrics approach to analyze the spillover effects of foreign public debt and foreign direct investment (FDI) on regional economic growth dynamics of Eastern Africa. Specifically, we utilize Spatial Durbin Fixed Effect (SDM-FE) Model, drawing on...
Persistent link: https://www.econbiz.de/10014584320
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence on this issue in order to see if it can meet the data within a 140 years old economic union -- Italy -, in the ideal context for its main competitor - New Economic Geography -...
Persistent link: https://www.econbiz.de/10003347559
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This paper sheds light on regional recovery prospects from the coronavirus disease 2019 (COVID-19) crisis by examining the link between gross rates of establishment openings and closures and local economic growth spanning the 2001 recession and the 2007-2009 global financial crisis (GFC)....
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This paper aims to build and evaluate long-term scenarios within the economy of the state of Sergipe so as to identify sectors with a greater capacity to leverage the state's economic growth and mitigate regional disparities. We use a dynamic and inter-regional CGE model, calibrated for the year...
Persistent link: https://www.econbiz.de/10015077629