Showing 1 - 10 of 146
convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …
Persistent link: https://www.econbiz.de/10011608798
This paper extends the 'expanding-varieties' growth model in a two-countries-two-goods setup, and describes the dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism-based economy is the follower (i.e. increases the number of...
Persistent link: https://www.econbiz.de/10010312629
'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … literature on integration/agglomeration and that on city size and formation, we show that: i) devolution results in over-agglomeration …
Persistent link: https://www.econbiz.de/10011324971
The purpose of this paper is twofold. First, we present a new model of agglomeration and trade that displays the main … migration in the process of agglomeration instead of the simple Marshallian model used so far in the economic geography …
Persistent link: https://www.econbiz.de/10011608524
This paper describes a methodology to develop a Computable General Equilibrium model with a sub-national detail starting from a global database and model presenting the country-level as the highest resolution. This procedure is demonstratively applied to Italy, but can be transferred to any...
Persistent link: https://www.econbiz.de/10010398416
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/10011325125
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10010272459
This paper examines the macroeconomic effects of an environmental tax reform in a growing economy. A model of endogenous growth based on human capital accumulation is used to numerically simulate the growth effects of different environmental tax reforms and compute their impact on welfare in the...
Persistent link: https://www.econbiz.de/10010294313
Economists generally hold that environmental regulations impose constraints on the production possibilities set and are therefore potentially harmful to economic growth. In recent years, however, it has been recognized that environmental regulation can enhance the prospects for growth if...
Persistent link: https://www.econbiz.de/10011324927
In this paper we consider an endogenous growth model in which, among other inputs, we consider a renewable resource and secondary materials. Using this analytical framework we explain the effects of waste recycling on the growth rate of the economy, that we take into account. The effects of...
Persistent link: https://www.econbiz.de/10011335677