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This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
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
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
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
within a regional convergence model. It focuses on vertically connected industrial sectors, which can emerge parallel to … while taking regional convergence into consideration. In addition to the all-German process of convergence and the specific … opportunity to explain deficits within the process of East-West convergence. The relative absence of industrial clusters in East …
Persistent link: https://www.econbiz.de/10012209009
Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this...
Persistent link: https://www.econbiz.de/10013212842
Der Arbeitsbericht beschreibt unter Bezug auf die wirtschaftliche Entwicklung die regionale Verteilung regionalwirtschaftlich relevanter raumwirksamer finanzieller Staatshilfen in der Förderperiode 1995 bis 2008. Betrachtungseinheiten sind die Bundesländer sowie die ländlichen und nicht...
Persistent link: https://www.econbiz.de/10009547500
We present a model of industrial location and endogenous growth with congestion costs. According to the interplay between knowledge spillovers and commuting costs, we are able to obtain both a Krugman-type and a bell-shaped agglomeration outcome. In the first case, the economy experiences a...
Persistent link: https://www.econbiz.de/10012722790
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10014068117
Most analyses of property rights and economic development point to the negative influence of insecure property rights on private investment. Keefer and Knack focus instead on the largely unexamined effects of insecure property rights on government policy choices. They identify one significant...
Persistent link: https://www.econbiz.de/10014106649