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This paper develops a method of testing levels of economic integration based upon consumption smoothing, and tests it using data on trade balances across Canadian provinces. The results indicate the provinces are highly integrated within Canada, but integration between Canada and the rest of the...
Persistent link: https://www.econbiz.de/10012782323
This paper develops a method of testing levels of economic integration based upon consumption smoothig, and tests it using data on trade balances accross Canadian provinces. The results indicate the provinces are highly integrated within Canada, but integration between Canada and the rest of the...
Persistent link: https://www.econbiz.de/10014071521
Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods, and data. We survey a range of modeling traditions, and some formal approaches to the hard problem of regional economics; namely, the joint consideration of agglomeration and...
Persistent link: https://www.econbiz.de/10014025593
stored and fully converted into low-risk financial assets. The scope is to give priority to long-run investments as to better …
Persistent link: https://www.econbiz.de/10011391851
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011342567
This paper incorporates technological interdependence into a neoclassical regional growth framework with imperfect factor mobility, leading to a convergence equation with spatial effects. The empirical analysis is based on the estimation of a spatial Durbin panel data model and the...
Persistent link: https://www.econbiz.de/10012853434
The extent to which members of a national team play for a club in a foreign country has been increasing over the last 15 years tremendously. The aim of this paper is to examine empirically the existence of two potential spill-over effects: First, since the members of a confederation compete...
Persistent link: https://www.econbiz.de/10014193663
In this paper, we develop a specific method to approach the competitive capabilities of regions for which there are not commercial and specialization indicators available. This method bases on the construction of composite indicators, using multivariate statistical methods, and was applied to...
Persistent link: https://www.econbiz.de/10014075093
The empirical growth literature has usually ignored spatial interdependence among countries. This paper uses spatial econometrics to estimate a growth model in which a country's economic growth depends on the growth rate of its neighbors. The results show that spatial relationships are relevant...
Persistent link: https://www.econbiz.de/10014116760
Persistent link: https://www.econbiz.de/10012040420