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Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10011342567

Public Infrastructure Investment, Output Dynamics, and Balanced Budget Fiscal Rules

Duarte Bom, P.R.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2011

We study the dynamic output and welfare effects of public infrastructure investment under a balanced budget fiscal rule, using an overlapping generations model of a small open economy. The government finances public investment by employing distortionary labor taxes. We find a negative short-run...

Persistent link: https://www.econbiz.de/10011090750

Output Dynamics, Technology, and Public Investment

Duarte Bom, P.R.; Heijdra, B.J.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2010

The paper studies the dynamic output effects of public infrastructure investment in a small open economy. We develop an overlapping generations model that includes a production externality of public capital and a wealth effect on labor supply. Public capital enters the firm's production function...

Persistent link: https://www.econbiz.de/10011090760

Sectoral productivity convergence between European regions : does space matter?

Montresor, Elisa; Pecci, Francesco; Pontarollo, Nicola - 2012

The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 … adopt a β- and sígma-convergence approach along with a methodology based on Getis' spatial filters that allows decomposing … and low productivity, respectively 'core' and 'periphery'. Our results show significant sígma-convergence in aggregate …

Persistent link: https://www.econbiz.de/10011514053

The spillover effect of European Union funds between the regions of the new European Union members

Maras, Marin - In: Croatian review of economic, business and social … 8 (2022) 1, pp. 58-72

As the differences between the regions are more pronounced than among the countries, NUTS 2 regions of the new members that joined the EU after 2000 are considered. Due to the presence of externalities between the regions, the Solow growth model using interregional externalities is used. This is...

Persistent link: https://www.econbiz.de/10013279716

Schumpeterian growth with technological interdependence : an application to US states

Deeken, Tim - 2015

In this paper, the Schumpeterian growth model developed by Ertur and Koch (2011) that includes spatial interactions between units of observation working via R&D spillovers is presented in detail. The implications of this model and three additional growth models with and without spatial...

Persistent link: https://www.econbiz.de/10011379935

Interregional spillovers and urban-rural disparity in U.S. employment growth

Saito, Hisamitsu; Gopinath, Munisamy; Wu, JunJie - 2010

A wide urban-rural disparity is observed in employment growth in the United States. For example, employment growth averaged 2.1 percent in urban counties during 1998-2007, compared with just 1 percent in rural counties. In this study, we examine the sources of U.S. employment growth using the...

Persistent link: https://www.econbiz.de/10011573731

Spatio-temporal analysis of regional systems : a multiregional spatial vector autoregressive model for Spain

Ramajo Hernández, Julián; Márquez, Miguel A.; … - 2013

This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...

Persistent link: https://www.econbiz.de/10011616934

Toward inclusive growth : is there regional convergence in social welfare?

Rodríguez-Pose, Andrés; Tselios, Vassilis - In: International regional science review 38 (2015) 1, pp. 30-60

Persistent link: https://www.econbiz.de/10011300860

Cross-country convergence in a general Lotka-Volterra model

Ditzen, Jan - In: Spatial economic analysis : the journal of the Regional … 13 (2018) 2, pp. 191-211

Persistent link: https://www.econbiz.de/10011870739

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