Showing 1 - 10 of 23
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
-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …
Persistent link: https://www.econbiz.de/10010204037
This paper analyses the effects of the EU Cohesion Policy (CP) on the economic growth of 276 European NUTS-2 regions between 2008 and 2016. Using a structural equation model (SEM) consisting of both a measurement component (with two latent variables) and a structural component, we estimate the...
Persistent link: https://www.econbiz.de/10012264978
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
In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as … convergence was insufficient in the sense that no gains have been achieved with respect to a stronger harmonization of the …
Persistent link: https://www.econbiz.de/10011442407
-run convergence and short-run economic performance. …
Persistent link: https://www.econbiz.de/10012264955
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
convergence across LAC countries. Argentina defines the frontier in LAC and TFP convergence is found across all South American …
Persistent link: https://www.econbiz.de/10011339428
performance to indicators of cost, regulation and investment into future growth. The convergence process is different in speed … than in the EU. Convergence had been strong in the sixties, disappointing and very different for the three countries in the …
Persistent link: https://www.econbiz.de/10011494163
The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given … income and socio-economic data to explore the hypotheses of conditional convergence, using distance as an indicator of … internal geographical trade and migration costs. We find evidence of conditional convergence for Indian districts but at a rate …
Persistent link: https://www.econbiz.de/10010208649