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Many empirical studies of the economics of crime focus solely on the determinants thereof, and do not consider the dynamic and cross-sectional properties of their data. As a response to this, the current paper offers an in-depth analysis of this issue using data covering 21 Swedish counties from...
Persistent link: https://www.econbiz.de/10013208550
-existence of divergence and conditional convergence among China's regions. …
Persistent link: https://www.econbiz.de/10010320266
We analyze the dynamics of Chinese comparative advantage as measured by export shares and the Balassa index using 3-digit and 4-digit sectors for the period 1970 – 1997. We use novel tools to identify periods of rapid structural change and the persistence of comparative advantage, such as...
Persistent link: https://www.econbiz.de/10010325454
China's rapid economic growth in recent decades has not led to balanced income distribution: inter- and intra … development, this paper investigates the nexus between the spatial dependence and income inequality in China on a prefectural … also the choropleth maps of clusters in China, this paper reaches the conclusion that clusters of prefectures and provinces …
Persistent link: https://www.econbiz.de/10010368511
governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect … not been a key factor in China's rapid growth, and support the proposition that governance reforms are often a consequence …
Persistent link: https://www.econbiz.de/10013208723
This paper analyzes consumption risk sharing among provinces in the People's Republic of China (PRC) during 1980 - 2007 …
Persistent link: https://www.econbiz.de/10010397214
corporate patenting activities in China as found in the previous literature for Western economies. In China, however, these …
Persistent link: https://www.econbiz.de/10010288218
The paper attempts to examine whether there is price convergence across various regions in India. Our results indicate significant presence of cross-sectional de- pendence in prices in India, rendering some of the standard panel unit root tests inapplicable. Using various panel unit root tests...
Persistent link: https://www.econbiz.de/10010263125
This paper proposes new pooled panel unit root tests that are appropriate when the data exhibit cross-sectional dependence that is generated by a single common factor. Using sequential limit arguments, we show that the tests have a limiting normal distribution that is free of nuisance parameters...
Persistent link: https://www.econbiz.de/10013208472
By disaggregating price indices, it becomes apparent that the real exchange rate consists of the real exchange rate for a single good and a weighted sum of relative prices between goods. When applying a battery of panel unit root tests to this sum and its components, it is found that both the...
Persistent link: https://www.econbiz.de/10010295634