Showing 1 - 10 of 92
The new Spanish autonomous communities (AACC) financing system deepensin stability, co-responsibility and financial integration concepts. The resources that itdistributes are bigger than 90% of the total of the AACC consolidated budgets. Thisdocument approach the new system's configuration, it...
Persistent link: https://www.econbiz.de/10005731112
This paper analyzes the relationship between human capital and convergence with a model that takes into account the … different effects of human capital accumulation on regional convergence. As an input, human capital produces convergence due to … convergence rate has been relatively small. The results indicate the potential role of educational policy in order to achieve a …
Persistent link: https://www.econbiz.de/10005212521
We construct a dynamic Heckscher-Ohlin model in which the initial distribution of production factors across economies makes factor price equalization impossible. The model produces dynamics similar to those of the neoclassical growth model. However, free trade prevents identically parameterized...
Persistent link: https://www.econbiz.de/10005085506
kinds of firms and, on this ground, to analyze whethercompetition leads to the homogeneization (convergence) of product …
Persistent link: https://www.econbiz.de/10005256854
, based on the factor productivity and efficiency measures, the study discusses the existence of technological convergence …
Persistent link: https://www.econbiz.de/10008599649
In models in which convergence in income levels across closed countries is driven by faster accumulation of a … productive factor in the poorer countries, opening these countries to trade can stop convergence and even cause divergence. We …. Divergence can occur for parameter values that would imply convergence in a world of closed economies and vice versa. Second …
Persistent link: https://www.econbiz.de/10008504403
countries involved. We contrast bargaining and perfect competition. Under perfect capital markets, convergence of capital and … convergence of the income shares, with unionized countries showing a lower wage rate and consequent capital inflows. Therefore …
Persistent link: https://www.econbiz.de/10005090984
variables that arehabitually considered in the analysis of inequality and convergence: per capita income and labor productivity …
Persistent link: https://www.econbiz.de/10005515867
This paper analyses the importance of R&D activities in the explanation of productivitydifferences among the Spanish regions over the period 1986-96. With this aim, we measure the effectof the own technological innovation and the spillovers effects. The analysis is based on the estimationof a...
Persistent link: https://www.econbiz.de/10005515875
-war period and the remarkable expansion ofthe stock of capital of the Sixties and the process of convergence that has taken …
Persistent link: https://www.econbiz.de/10005731126