Higgins et al. (2006), report several statistically significant partial correlates with US per capita income growth. However, Levine and Renelt (1992) demonstrate that such correlations are hardly ever robust to changing the combination of conditioning variables included. We ask, whether the...

We use US county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9% and the New York estimate is 3.3%. Convergence rates are essentially uncorrelated with income levels.

We use US county level data from 1970 to 1998 to explore the relationship between economic growth and government employment at three levels: federal, state and local. Increases in federal, state and local government employments are all negatively related to economic growth. We find no evidence...

We use U.S. county data (3,058 observations) and 41 conditioning variables to study growth and convergence. Using ordinary least squares (OLS) and three-stage least squares with instrumental variables (3SLS-IV), we report on the full sample and metro, nonmetro, and and regional samples: (1) OLS...

Wirken die über 40 Jahre bestehenden Systemunterschiede auch 28 Jahre nach der Wende noch nach? Die Ergebnisse einer neuen ifo-Studie zeigen, dass in vielen gesellschaftlichen Teilbereichen ein steter Annäherungsprozess im Gang ist und dass sich die Auffassungen in den beiden Landesteilen eher...

At present, both in Romania and in Europe, tourism tends to become one of the biggest industries, with great development possibilities in the future. The economic development of Romania including tourism benefits from the support of the European Union, and has the purpose to reduce the gaps in...

Mit dem Fall der Berliner Mauer verschwanden auch sämtliche administrativen Barrieren. Aus zwei zuvor getrennten Gebieten wurde quasi über Nacht ein Wirtschaftsraum. Die Ökonomen hatten dabei die nahezu einzigartige Möglichkeit, die Reaktion von Wirtschaftssystemen auf umfangreiche und...

This paper studies potato prices and consumption in the progress of economic development. Potato status tends to evolve from a luxury to a normal and, lastly, to an inferior good. In the developed world, where the potato thrived and became a food for the poor, prices of the inferior potato...

The purpose of the article is analysis of participatory budgets as a tool for shaping decisions of local communities on the use of public funds. The authors ask the question of whether the current practice of using the participatory budget is actually a growing trend in local government finances...

The Russian-Ukrainian war has led to an increase of stress on forests. International sanctions have hit timber exports from Russia and Belarus, and the conflict severely affects timber production in Ukraine. The three countries accounted for a quarter of the worldwide timber trade in 2021, and...