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Using a simplified theoretical model, we illustrate the potential existence of a market failure in the location of economic activity, which could lead to an exaggerated concentration in the core region. Based on this, we analyze whether a public policy intervention of decreasing the mobility...
Persistent link: https://www.econbiz.de/10010547702
The paper investigates specialization and agglomeration trends in EU-27 NUTS2 regions over 1991-2011 by means of two …-average specialization and agglomeration. The paper shows that over 1991-2011 these features change very little; moreover, while …, notwithstanding EU emphasis on real convergence. Indicators disaggregated by sectors show that for CEECs specialization/agglomeration …
Persistent link: https://www.econbiz.de/10010643618
Innovation is a crucial driver of urban and regional economic success. Innovative cities and regions tend to grow faster and have higher average wages. Little research, however, has considered the potential negative consequences: as a small body of innovators gain relative to others, innovation...
Persistent link: https://www.econbiz.de/10011083831
In this study we address the potential rise of innovative regions in Central and Eastern Europe by connecting the interests of foreign investors and the interests of recipient regions as learning regions. Our exploratory results give a rather pessimistic picture in that enhancing the innovative...
Persistent link: https://www.econbiz.de/10005150638
This paper applies recent developments in forecasting spatial process models to estimate the impact of input shocks on China's 1999 gross value added output (GVAO) in agriculture. A Cobb-Douglas production function allowing total factor productivity to vary across regions is used to forecast the...
Persistent link: https://www.econbiz.de/10010547650
Under- and overeating (based on calories) are different problems than being under- and overweight (based on BMI); they thus require different economic prescriptions. To study these differences, I use a quantile regression method that allows an examination of covariate effects at different points...
Persistent link: https://www.econbiz.de/10010547651
Because it has a large, growing population but only a small share of land that can be cultivated, it is important for China to enhance its agricultural productivity through technological progress. Using data envelopment analysis, we decompose productivity into pure technical efficiency change,...
Persistent link: https://www.econbiz.de/10010547664
Although the traditional economic base model remains a useful tool for regional analysis, in a multi-region context it fails to account for feedback effects. In addition, since the model is typically applied to individual regions, formal assessment of variation in the magnitude of regional...
Persistent link: https://www.econbiz.de/10010547675
We examine the empirical relationship between public investment and per capita income growth in the Spanish regions over 1965-1997. Using a neoclassical growth model with public and human capital, a convergence equation is derived and estimated using panel data techniques. Besides providing...
Persistent link: https://www.econbiz.de/10010547679
Blending regional studies with growth econometrics, we apply the seemingly unrelated regression (SUR) methodology to income, employment, and population growth over 1990-2000 for all 254 Texas counties organized in 24 geographic regions. Several results are discussed, along with the role of wages...
Persistent link: https://www.econbiz.de/10010547681