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Although non-R&D innovation activities account for a significant portion of innovation efforts carried out across very heterogeneous economies in Europe, how to incorporate them in to economic models is not always straightforward. For instance, the traditional macro approach to estimating the...
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A significant part of the innovation efforts carried out across very heterogeneous economies in Europe is under the form of Non-R&D innovation activities. But the traditional macro approach to the determinants of TFP does not handle this issue appropiately. This paper has proposed and estimated...
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This study analyzes the time stability of both the GDP beta convergence and the impact of monetary policy variables on economic growth in EU27 countries during 1993-2010 and EU15 during 1972-2010. To address the problem of variables’ selection, Bayesian model pooling (BMP) is used while...
Persistent link: https://www.econbiz.de/10010608055
Bajo-Rubio O. and Diaz-Roldan C. (2005) Optimal endowments of public capital: an empirical analysis for the Spanish regions, Regional Studies 39 , 297-304. Regional infrastructure policies, through increased public investment, are widely used to promote the development of poorer regions in...
Persistent link: https://www.econbiz.de/10005491611
Henley A. (2005) On regional growth convergence in Great Britain, Regional Studies 39 , 1245-1260. This paper examines recent sub-regional output data for Great Britain to identify possible economic convergence. It concludes that sub-regional data are subject to substantial spatial...
Persistent link: https://www.econbiz.de/10005638365
This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993–2010 and EU15 during 1972–2010. Additionally, the article checks for the strength and stability of influence of particular economic growth factors. In order to address the problem...
Persistent link: https://www.econbiz.de/10011048966