Showing 1 - 10 of 1,488
This study contrasts the traditional tests for regional convergence in Mexico, those applied on cross-section data as long as the ones built in cointegration in time series, with a new approach based in the trend in the income gap regarding a leader state. Applying this method we show that the...
Persistent link: https://www.econbiz.de/10010550181
Researchers have repeatedly noted that the results in spatial-econometric studies depend significantly on the level of regional aggregation (Jacobs-Crisioni et al., 2014; Kang et al., 2014, Baltagi, Li, 2014). Currently, hierarchical models can contribute a lot to the studies of spatial effects...
Persistent link: https://www.econbiz.de/10011482463
Researchers have repeatedly noted that the results in spatial-econometric studies depend significantly on the level of regional aggregation (Jacobs-Crisioni et al., 2014; Kang et al., 2014, Baltagi, Li, 2014). Currently, hierarchical models can contribute a lot to the studies of spatial effects...
Persistent link: https://www.econbiz.de/10011400456
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
we show that differences in biogeographic initial conditions and in geography largely account for the different timings … nations today. The effects of biogeography and geography on the wealth of nations are partly mediated by the quality of … presentday institutions, but are also partly independent of institutional quality. <p> …
Persistent link: https://www.econbiz.de/10005771214
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …
Persistent link: https://www.econbiz.de/10005667122
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012183996
The EU Cohesion Policy is one of the European Union's key policy instruments for reducing economic and social disparities among its regions. The paper evaluates the policy contribution to regional economic growth in V4 (Visegrad Four) countries. The study establishes a significant variation in...
Persistent link: https://www.econbiz.de/10014555767
The impact of structural funds of the European Union (EU) on regional economic growth is a matter of both political and economic importance. The large and regular payments made across the EU to countries and regions within them were and are meant to promote various aspects of growth and...
Persistent link: https://www.econbiz.de/10012886384
experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and … institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …
Persistent link: https://www.econbiz.de/10012205933