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We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer to the technological frontier under the reasonable...
Persistent link: https://www.econbiz.de/10010292939
using a random spatial effect model. We find that migration contributes to convergence in regional skill endowments across …
Persistent link: https://www.econbiz.de/10010293190
This paper investigates whether there is a convergence in welfare state policies among the old EU member states. To … a convergence process, driven by strong catch-up of social protection levels in the Southern member states. Furthermore …, convergence in replacement rates is substantially less pronounced than using spending data. …
Persistent link: https://www.econbiz.de/10010293344
The European Employment Strategy (EES) aims to promote convergence of domestic labour market policies by soft law …. Building on the most recent measures and pooled time series data, the empirical findings reveal the presence of a convergence …
Persistent link: https://www.econbiz.de/10010293352
issue that arose in Europe in the late 1990s: the importance of financial structure for the convergence of monetary … importance of financial structure and its impact on the convergence of the effects of monetary policy. We find convergence in … convergence of monetary transmission in Europe. …
Persistent link: https://www.econbiz.de/10010293728
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach and that it is best estimated with Blundell and Bond’s (1999) system-GMM estimator. This procedure remedies some econometric problems such as regressor endogeneity, measurement...
Persistent link: https://www.econbiz.de/10010294545
and analyze the convergence/divergence of overall mortality for (i) the whole population, (ii) females, (iii) males and … (iv) the gender gap in overall mortality. Convergence/Divergence is studied by applying different concepts of cross … techniques (weighted OLS, Quantile Regression, Kendall's Rank Concordance) are used to test for absolute and conditional beta-convergence …
Persistent link: https://www.econbiz.de/10010294790
This paper deals with the development of regional income disparities and convergence processes in the countries of the … the period 1995 - 2003. We use the two classical concepts of s – and ß-convergence. Furthermore, spatial econometric …
Persistent link: https://www.econbiz.de/10010295545
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 article, adapted from Tamura?s theoretical proposition, empirically investigates capital convergence in three … indicate moderate evidence of convergence among the three-country groups when conventional variables are included. The … convergence ?picture? is quite different when additional variables are empirically examined, implying the existence of a …
Persistent link: https://www.econbiz.de/10010295978