growth. However, they do not account for intra-national spatial heterogeneity, even when regions, and not only countries … predictors of future GDP growth. These findings shed light on the determinants of regional convergence patterns. …

Transport costs are a crucial element of any spatial economic model. Surprisingly, good transport cost estimates at a …

This paper shows that finance has been a key ingredient of long-term economic growth in OECD and G20 countries over the … business credit further expansion slows rather than boosts growth. Causality from more credit to slower growth is supported by … exogenous variation in financial size. The empirical analyses point to five factors that link more credit to slower growth: i …

and promote economic growth in India. The first part provides a brief review of gender issues in the country. The second … part presents a gender-based OLG model, based on Agénor (2015) and Agénor and Canuto (2015), that accounts for women’s time … depends on relative human capital stocks. The model is calibrated and various experiments are conducted, including investment …

model of endogenous growth featuring heterogeneous firms, financial constraints and a range of innovation policies. A …Growth and business cycles have a long tradition of being studied separately. However, events such as the Great … Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help …

structural change may have on future productivity growth. This model generates structural change through both price and income … sectoral transformation, and labour productivity growth in the EU in several new dimensions. First, based on the latest data …, we document the size of the negative effect that structural change has exerted onto productivity growth over long time …

the European Union member states that have large penetration of bank credit. Building on the model of financially open … growth rate increases inequality, as measured by both the Gini index and the top-income shares. To establish the effect on …

The diversity of technological activities that contribute to growth in labour productivity is examined in this paper … productivity growth in Europe, with different roles of sectorspecific technological activities developed in the pursuit of the …. Policies aiming at greater labor productivity growth may have to take into account the different mechanisms resulting from …

regional level. To this end, we use the RHOMOLO dynamic spatial Computable General Equilibrium model developed by the JRC for …. However, GDP and employment growth are not the main objectives of the policy. Given the wage benefits and productivity …