Deepening in the European Union (EU) integration process has enhanced the question of economic disparities at a regional level. The convergence process observed until the late seventies was exhausted onwards in coincidence with important changes in the economic activity. The paper shows how...

The significant impact of international tourism in stimulating economic growth is especially important from a policy perspective. For this reason, the relationship between international tourism and economic growth would seem to be an interesting and topical empirical issue. The purpose of this...

Employing the new regression tests for Convergence, Club Convergence and Clustering proposed by Phillips and Sul (2007), this paper models and analyzes the behavior of China‘s energy sectors. Energy market =convergence clusters‘ are identified using new price data and their regional spatial...

Recent theoretical models of economic growth have emphasised the role of external effects on the accumulation of factors of production. Although most of the literature has considered the externalities across firms within a region, in this paper we go a step further and consider the possibility...

Regional data on wages for the Spanish economy show that workers who live in developed regions earn more than workers in other regions. Literature on external economies provides a possible explanation of why firms do not move from these regions to others where wages are lower. Previous studies...

In the last decade, different studies have tried to contrast empirically the existence of a relationship between local human capital and the productivity of a given territory, and the possible presence of external economies. The most common result has been the finding of a positive relationship...

Abstract: Workplace referrals may resolve incentive problems that arise due to incomplete contracts. We use an in-depth primary data set covering low- and unskilled migrants from Western Uttar Pradesh (India), to examine this and alternative explanations for referral-based recruitment. We find...

The demographic problems in developed countries are getting more and more important. Very low fertility rates especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of children. Since there is an increasing demand for skilled...

This paper documents that virtually all of the growth in the skilled wage premium over the 1980’s in the United States was confined to metropolitan areas. Explanations for the growth in the skilled wage premium will therefore need to take location into account.