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. (1992) approach to identify the role played by knowledge externalities in growth and convergence. To assess robustness of …
Persistent link: https://www.econbiz.de/10010611889
of these effects in a growth equation may downward bias the estimated rate of convergence by assingning the effect of … regional externalities to the convergence parameter. We propose the use of spatial econometrics techniques to test and estimate …
Persistent link: https://www.econbiz.de/10005120761
previous estimates. Further, this new evidence is used to analyze the evolution of regional inequality and convergence in the … feature in the regional distribution of output. Therefore, in the long run no evidence of regional convergence in the Spanish …
Persistent link: https://www.econbiz.de/10005176397
Natural disasters plague the populations of many countries, and the international community often seeks to alleviate the human suffering by means of humanitarian aid. Do natural disasters also have negative effects on aggregate economic growth? This paper shows that natural disasters on average...
Persistent link: https://www.econbiz.de/10011019121
The aim of this paper is to examine whether football can be considered an indicator of development at the international level. An empirical econometric model is designed in order to analyse development in terms of both levels of GDP per capita and GDP growth. Cross-sectional and time series...
Persistent link: https://www.econbiz.de/10009652256
This paper investigates whether technological shocks, constructed to be consistent with the observed cross-country income dispersion, are also capable of accounting for development regularities related to capital accumulation. This question is approached via a quantitative theoretical analysis...
Persistent link: https://www.econbiz.de/10005069714
Natural resource rents and foreign aid have the character of windfall gains that affect economic outcomes both directly and indirectly. Several studies have shown that the indirect effect typically works via institutions like corruption. In this article, we offer a theoretical framework for a...
Persistent link: https://www.econbiz.de/10005651722
Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants (200 workers or more), as opposed to reallocation across...
Persistent link: https://www.econbiz.de/10010600532
A regional economy consists of industries with a variety of economic potentials. A growth or decline in any of these sectors affects the overall growth of the economy. Analysis of economic growth by sector of a particular region helps policy makers, community leaders and researchers in better...
Persistent link: https://www.econbiz.de/10010929329
Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and...
Persistent link: https://www.econbiz.de/10010929337