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Using sigma and beta convergence methods, this study tests economic convergence in Turkish NUTS-2 regions between 2004 …-2011. The findings of sigma convergence analysis show that the interregional income gap decreases during economic recession … periods and increases during economic expansion periods. The beta convergence results obtained by the cross-sectional and …
Persistent link: https://www.econbiz.de/10012040046
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
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
The regional development policy in Brazil materializes mainly in the regional development funds for the north-east (FNE), the north (FNO), and the centre-west (FCO), in which more than EUR36 billion was invested between 2004 and 2010. This paper examines the economic effect of these regional...
Persistent link: https://www.econbiz.de/10011392771
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This paper contributes to the empirical literature on convergence by applying convergence model to components of …, we extend the traditional convergence model to allow for spatial correlation between countries in the sample, by … Education. More precisely, half-life convergence for Defence occurs in 6.37 years, for Health in 3.11 years and for Education in …
Persistent link: https://www.econbiz.de/10011843010
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