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Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …
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Though a country's economy is growing, separate regional development disparities could be even more significant. This paper aims to identify the situation of inequality of Lithuania's regions, taking into consideration the most important factors of regional economic growth and investments....
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We compute aggregate productivity of three categories of regions, classified by level of urbanization in the Netherlands, from firm-specific total factor productivity (TFP) measures. TFP measures are estimated by a semi-parametric algorithm, within 2-digit industries, covering agriculture,...
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We estimate the speed of income convergence for a sample of 196 European NUTS 2 regions over the period 1985-1999. So … convergence of 6.9 per cent and a capital elasticity of 0.43. …
Persistent link: https://www.econbiz.de/10010295552
This paper provides a textbook example of integration between commodity markets, and the subsequent price convergence …-varying coefficient estimation applying the Kalman filter, to test whether price convergence between different locations is really taking … perfect price convergence between these locations; on the other hand, liberalization on the continent does not seem to be …
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core topics studied in the growth econometric framework, namely, convergence, identification of growth determinants and …
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