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Decentralization, social capital and regional convergence

Mauro, Luciano; Pigliaru, Francesco - 2013

By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...

Persistent link: https://www.econbiz.de/10009757366

How fast are the tourism countries growing? : the cross-country evidence

Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - 2003

Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 tourism countries within a sample of 143 countries, observed during the period 1980-95....

Persistent link: https://www.econbiz.de/10011592920

Is temperature adversely related to economic growth? : evidence on the short-run and the long-run links from sub-national data

Meierrieks, Daniel; Stadelmann, David - 2021

We investigate the effect of rising temperatures on economic development, using sub-national data for approximately 1,500 sub-national regions in 81 countries from the 1950s to the 2010s. Accounting for region- and time-fixed factors by means of a two-way fixed effects panel approach, we find no...

Persistent link: https://www.econbiz.de/10012660336

European Union cohesion project characteristics and regional economic growth

Darvas, Zsolt M.; Mazza, Jan; Midões, Catarina - 2021

Due to problems with existing methodologies that aim to identify the causal impact of European Union cohesion policy on economic growth, we adopted a novel methodology. We first estimated 'unexplained economic growth' by controlling for the influence of various region-specific factors, and then...

Persistent link: https://www.econbiz.de/10012433816

Identifying and disentangling the impact of fiscal decentralization on economic growth

Canavire-Bacarreza, Gustavo; Martinez-Vazquez, Jorge; … - 2019

This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity issue stemming from reverse causality and unobserved factors that has plagued previous extensive literature on this subject. In our approach, we use the Geographic Fragmentation...

Persistent link: https://www.econbiz.de/10012107011

On the water-energy-food nexus: is there multivariate convergence?

Bollino, Carlo Andrea; Galeotti, Marzio - 2021

This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … multivariate sigma and beta-convergence. The results reveal that there is evidence of sigma- absolute beta- and conditional beta-convergence … impact of each variable on the others in the analyzed countries. The speed of convergence is simulated to assess when the …

Persistent link: https://www.econbiz.de/10012487810

Do higher public debt levels reduce economic growth?

Heimberger, Philipp - 2021

While the effect of higher public debt levels on economic growth has received much attention, the literature partly points to contradictory results. This paper applies meta-regression methods to 826 estimates from 48 primary studies. The unweighted mean of the reported results suggests: a 10...

Persistent link: https://www.econbiz.de/10012665220

Impact of climate change on economic growth : a case study of India

Sandhani, Medhavi; Pattanayak, Anubhab; Kumar, K. S. Kavi - 2020

Persistent link: https://www.econbiz.de/10013471109

Could resource rents finance universal access to infrastructure? : a first exploration of needs and rents

Fuß, Sabine; Chen, Claudine; Jakob, Michael; Marxen, Annika - 2015

It is often argued that, ethically, resource rents should accrue to all citizens. Yet in reality the rents from exploiting national resources are often concentrated in the hands of a few. If resource rents were to be taxed, on the other hand, substantial amounts of public money could be raised...

Persistent link: https://www.econbiz.de/10011391823

The impact of public expenditures in education, health, and infrastructure on economic growth and income distribution in Peru

Baca Campodónico, Jorge F.; Peschiera Cassinelli, Jorge R. - 2014

The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with comprehensive structural adjustment, which has attracted substantial foreign investment, are regarded as the pillars of this success. Notwithstanding the advances experienced on...

Persistent link: https://www.econbiz.de/10011285046