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China is faced with the big challenge of maintaining a remarkable economic growth in an environmental friendly manner; that is why forecasting the turning point is of necessity. Traditional econometric approaches do not consider the spatial dependence that inevitably exists in the economic...
Persistent link: https://www.econbiz.de/10011644085
tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …
Persistent link: https://www.econbiz.de/10011485096
Industrial clusters, which are commonly targeted to receive financial support allocated to locally based development projects, are seen as an effective industrial policy tool for improving productivity and generating employment. Nevertheless, identifying clusters and assessing their economic...
Persistent link: https://www.econbiz.de/10011286278
We study the effect of temperature on economic development on the sub-national level, employing cross-sectional data for up to 15,533 sub-national units from two distinct sources. In contrast to the existing cross-country literature on the temperature-income relationship, our setting allows us...
Persistent link: https://www.econbiz.de/10012200932
Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...
Persistent link: https://www.econbiz.de/10010517704
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
This paper develops a simple method to consistently break down world input-output tables to regional input-output tables. They are used to estimate Cohesion Policy-induced demand spillovers in the EU, covering the years 2007-2018. Results indicate that Cohesion spillovers from less developed...
Persistent link: https://www.econbiz.de/10012264962
We investigate the relationship between diversity and productivity in Europe using an original dataset covering the … ; Europe …
Persistent link: https://www.econbiz.de/10008821875
affecting the fishing and the tourism sectors in two different IPCC SRES scenarios, the A2 and B1, varying in the future trends … through increases in fishing effort, due to lower availability of commercial fish species, and decrease in tourism demand … larger when the tourism sector is affected. This is explained by the much higher contribution of tourism than fishery in the …
Persistent link: https://www.econbiz.de/10010493035