Showing 1 - 10 of 107
endogeneity, we find two key results for the growth of Italian regions. Firstly, we show that the rate of conditional convergence …
Persistent link: https://www.econbiz.de/10005089337
This study aims to examine the absolute and conditional convergence across the 27 EU Member States. To examine the … absolute β convergence was used Baumol model (1986) estimated by OLS and Panel Data, and to examine the absolute σ convergence … the Quah model (1993) by graphical analysis. Subsequently, we analyzed the conditional convergence, also estimated by OLS …
Persistent link: https://www.econbiz.de/10011167233
This paper provides an overview of methodologies used to analyze inter-regional income inequality, and a critical survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics of inter-economy income inequality. Methodologies for...
Persistent link: https://www.econbiz.de/10008549635
Using a spatial hedonic growth model, this paper empirically examines the relative roles of natural amenities and urban agglomeration economies as determinants of U.S. regional growth patterns from 2000 to 2010. Natural amenities and urban agglomeration are measured using the USDA Economic...
Persistent link: https://www.econbiz.de/10011112539
The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is a growing consensus that the relationship is sensitive to the level of debt. Our paper tries to address the question of non linearity in the long term relationship between...
Persistent link: https://www.econbiz.de/10011259050
This article deals with a tax burden in the European Union in as financial and economic crisis has impacted also on tax systems in the European Union. Governments´ tax measure aims to consolidate public finance and promote an economic growth. The article provides empirical evidence on a shift...
Persistent link: https://www.econbiz.de/10011109362
This paper takes into account recent advances in econometric techniques and examines Wagner’s Law of long-run relationship between public expenditure and GDP for the Turkish case over the period of 1965-2000. The relationship is supposed public expenditure to be an outcome, not cause, of...
Persistent link: https://www.econbiz.de/10005619513
In this study, we examine the wealth effects of regulatory changes intended to improve corporate governance by protecting minority shareholders from expropriation by controlling shareholders. Using data from publicly traded Chinese firms, we find that these new regulations significantly...
Persistent link: https://www.econbiz.de/10011260290
The pollution-convergence hypothesis is formalized in a neoclassical growth model with optimal emissions reduction …. A Markov modeling approach predicts further cross-country absolute convergence, in particular for SOX. The latter … results hold in the presence of spatial non-convergence in per capita income levels within both regions. …
Persistent link: https://www.econbiz.de/10008565432
This study investigates the existence of regional convergence of per capita outputs in China from 1952 …’s provincial real per capita outputs to examine the regional convergence in China. To obtain the p-values of unit root tests for … Carlo simulation. The results obtained from this study reveal that the convergence of the provincial per capita outputs …
Persistent link: https://www.econbiz.de/10005621418