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Newly available measures of GDP at the metropolitan area level now afford a more comprehensive view of regional economic activity. An analysis of upstate New York's economic performance using these measures points to below-average output growth between 2001 and 2006 along with productivity...
Persistent link: https://www.econbiz.de/10014211941
This paper analyses the different factors that explain the pattern of economic growth in Spain along the last two decades, where has stood out the rapid growth of per capita income, capital accumulation and creation of employment. However, the most important structural phenomenon of the strong...
Persistent link: https://www.econbiz.de/10012491263
In the context of wide regional disparities emerging in the process of development, the banks have an additional responsibility in India. That responsibility is to enter the under developed regions and to mobilize and channelize resources into local economic activities such that local...
Persistent link: https://www.econbiz.de/10013131082
also uneven across space, it also seems relevant to wonder about the effects of the geographic agglomeration of economic … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change … specifications and introducing different measures for agglomeration at country level, especially urbanization and urban concentration …
Persistent link: https://www.econbiz.de/10011515023
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 … for endogeneity and spatial dependence. Our empirical analysis provides evidence of a positive effect of agglomeration as …
Persistent link: https://www.econbiz.de/10011506442
There is a large literature on the existence of agglomeration economies, as shown in the surveys by Moomaw (1983) or …
Persistent link: https://www.econbiz.de/10011527324
This paper explores the factors that contribute to long-run economic growth in U.S. metropolitan areas, with particular attention given to government finance variables. Unlike previous work that examines only a sub-sample of the largest areas, this paper uses a new comprehensive data set for all...
Persistent link: https://www.econbiz.de/10014212102
The paper examines the impact of housing supply elasticity on urban development. Using data for a sample of around one hundred Italian main cities observed over 40 years, we first estimate housing supply elasticities at the city level. Second, we show that differences in the elasticity of...
Persistent link: https://www.econbiz.de/10012832746
Oates' (1972) decentralization theorem holds that local governments will do a superior job at providing the efficient quantity of public goods. Brennan and Buchanan (1980) suggest that "the potential for fiscal exploitation varies inversely with the number of competing governmental units in the...
Persistent link: https://www.econbiz.de/10014212873
OECD countries and their regions are ageing fast. In principle, the negative impact of ageing on the growth rate of per capita gross domestic product could be offset by increases in productivity. However, for many regions, productivity growth required to maintain per capita GDP levels constant...
Persistent link: https://www.econbiz.de/10012132889