Showing 1 - 10 of 46
share in almost all states between 2009 and 2014. Using state-level data, we show that BJP's extraordinary poll results …
Persistent link: https://www.econbiz.de/10010457036
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond’s (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...
Persistent link: https://www.econbiz.de/10010294545
data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and 2000. Convergence occurs even more quickly within groups of countries that have a higher degree of integration. A key … converging, several Latin American countries fail to converge. The patterns of convergence are consistent with dynamics of …
Persistent link: https://www.econbiz.de/10010322694
30 years after the fall of the Berlin Wall, no full convergence of the economic performance and the living conditions … discusses possible reasons for the lack of convergence such as the legacy of the planned economy, economic policy mistakes made … erosion of market forces are discussed. This leads to economic policy recommendations to achieve full convergence of the …
Persistent link: https://www.econbiz.de/10012107378
Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing economies. To fix ideas we present an extension of...
Persistent link: https://www.econbiz.de/10010263207
states in the middle of the cross-sectional distribution and the rate of convergence to the limiting distribution is "slow." …We study the dynamics of the cross-section distribution of patents per capita for the 48 continental U.S. states from … 1930 to 2000 using a discrete-state Markov chain. We test for and find evidence in favor of the (knowledge) convergence …
Persistent link: https://www.econbiz.de/10010271973
migration a force for both divergence and convergence, and characterizes where each set of forces dominates. Finally, it … explores the consequences for convergence of combining both migration selectivity and agglomeration effects arising from …
Persistent link: https://www.econbiz.de/10013204743
after a decade. These dynamics are qualitatively consistent with convergence to a buffer-stock target. Second, we analyze …
Persistent link: https://www.econbiz.de/10013208751
We study convergence and divergence dynamics in a sample of EMU countries by assembling an extensive dataset that …, increasing convergence with the core Euro countries. However, the debt crisis dramatically worsened citizens' perceptions of …
Persistent link: https://www.econbiz.de/10012609101
estimate the half life of convergence to be approximately 9 years. The following hypotheses are investigated as explanations … for the slow convergence: (i) Arbitrage impediments induced by transportation costs, and (ii) and the inclusion of … upper bound on convergence rates that participants in European Monetary Union may experience. …
Persistent link: https://www.econbiz.de/10013369949