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Persistent link: https://www.econbiz.de/10014390318
This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for 108 countries from 1971 to 2018, using a common data set, with VAR and panel data approach. We establish a new notion of multivariate sigma and beta-convergence. The results...
Persistent link: https://www.econbiz.de/10012487810
We develop an endogenous growth model to simulate the long-term impact of Italy's National Recovery and Resilience Plan (NRRP) on the persistent North-South productivity gap. Our model underscores public investment as a catalyst for sustained economic growth and highlights the reliance of local...
Persistent link: https://www.econbiz.de/10014391213
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This paper provides the first empirical estimates of the relationship between temperatures and household electricity … consumption in Colombia, using electricity billing and weather data from 2010 to 2019. I find that higher temperatures (or higher … values of the heat index) increase electricity consumption, with the largest effects observed for high-income households in …
Persistent link: https://www.econbiz.de/10014457887
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The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given the relatively free flows of capital, labor and commodities across state borders. We use a new data set of district level income and socio-economic data to explore the...
Persistent link: https://www.econbiz.de/10010208649
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
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