Showing 1 - 10 of 10,202
In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 EU Member States that exhibit co-movement in their growth dynamics, over the period 1980-2018. We then use the observed stochastic convergence trajectories to assess the role...
Persistent link: https://www.econbiz.de/10014308640
In the last decade there has been an upsurge of studies on international comparisons of Total Factor Productivity (TFP). The empirical evidence suggests that countries and regions differ not only in traditional factor endowments (labour and physical capital) but mainly in productivity and...
Persistent link: https://www.econbiz.de/10014206553
This paper presents a theoretical growth model that accounts for technological interdependence among regions in a Mankiw-Romer-Weil world. The reasoning behind the theoretical work is that technological ideas cannot be fully appropriated by investors and these ideas may diffuse and increase the...
Persistent link: https://www.econbiz.de/10012965575
entrepreneurship driven by opportunity (directly or indirectly by perceived capacities) is a key factor in stimulating the European … that analyses the impact of entrepreneurship on economic growth, but using a sample of countries in Europe (there are few … the global entrepreneurship monitor (GEM) to assess their impact of entrepreneurship on countries’ economic growth. …
Persistent link: https://www.econbiz.de/10013336383
The effect of entrepreneurship on regional economic growth has been a research agenda for the last two decades …. Entrepreneurship, by creating employment, fostering competitiveness or affecting employment, somehow contributes to economic … development. While entrepreneurship is mostly defined or measured as numbers of self-employed, firm formation, business formation …
Persistent link: https://www.econbiz.de/10011478181
In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...
Persistent link: https://www.econbiz.de/10010513686
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...
Persistent link: https://www.econbiz.de/10010298522
interregional differences indicate that regional factors play an important role. -- Entrepreneurship ; new business formation …
Persistent link: https://www.econbiz.de/10003376226
In this paper we put forward a Bayesian Model Averaging method dealing with model uncertainty in the presence of potential spatial autocorrelation. The method uses spatial filtering in order to account for different types of spatial links. We contribute to existing methods that handle spatial...
Persistent link: https://www.econbiz.de/10009735341
This paper examines the empirical relationship between agglomeration and economic growth for a panel of 48 Central and Eastern European regions from 1995 to 2006. By agglomeration, we mean the within-regional concentration of aggregate economic activity, which we measure using the 'topographic'...
Persistent link: https://www.econbiz.de/10011506442