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A Bayesian space-time approach to identifying and interpreting regional convergence clubs in Europe
Fischer, Manfred M.; Lesage, James P. - 2013
This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first step calculates Bayesian probabilities for various assignments of regions to two clubs using a general stochastic space-time dynamic panel relationship between growth rates and...
Persistent link: https://www.econbiz.de/10011685263
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A Bayesian approach to identifying and interpreting regional convergence clubs in Europe
Fischer, Manfred M.; Lesage, James P. - 2012
This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first step involves identifying the number and composition of clubs using a space-time panel data model for annual income growth rates in conjunction with Bayesian model comparison...
Persistent link: https://www.econbiz.de/10011518150
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Regional income convergence in Europe : a Bayesian model averaging perspective : 52th European Congress of the Regional Science Association International August 21-25, 2012, Bratis...
Gmeinder, Michael; Piribauer, Philipp; Schoiswohl, Florian - 2012
The speed of income convergence in Europe remains one of the hot topics in regional economics. Recently Bayesian Model Averaging (BMA) applied to spatial autoregressive models seems to have gained more popularity. BMA averages over some predetermined number of so called top models, ranked by the...
Persistent link: https://www.econbiz.de/10011509195
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Low latency internet and economic growth : a simultaneous approach
Lüdering, Jochen - 2016
Given the quality of the available data on Internet access across several countries, it is necessary to evaluate alternative measures to assess the effect of Internet access on economic outcomes. The research at hand builds up on an earlier paper, which introduced a novel measure of Internet...
Persistent link: https://www.econbiz.de/10011603835
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Does trade cause long-run development? : theory and evidence from countries behind the Suez channel
Gerritse, Michiel - 2015 - Preliminary
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...
Persistent link: https://www.econbiz.de/10011478180
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Democracy and institutional quality : theory and evidence
Krieger, Tommy - 2019
We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...
Persistent link: https://www.econbiz.de/10012236426
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Does globalization affect regional growth? : evidence for NUTS-2 regions in EU-27
Polasek, Wolfgang; Sellner, Richard - 2011 - Preprint
We analyze the influence of newly constructed globalization measures on regional growth for the EU-27 countries between 2001 and 2006. The spatial Chow-Lin procedure, a method constructed by the authors, was used to construct on a NUTS-2 level a complete regional data for exports, imports and...
Persistent link: https://www.econbiz.de/10011540876
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"Megacities and countries : urbanization and real convergence"
Barreiro-Pereira, Fernando - 2014
cities are in the less developed countries, while the most powerful world cities are mainly located in the developed … countries. It results that size seems to be neither a necessary nor a sufficient condition for obtaining the status of world … city. A condition to be a world city is the access to the economic power. A conventional city has a region behind, and …
Persistent link: https://www.econbiz.de/10011487041
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Tourism and development : a recent phenomenon built on old (institutional) roots?
Brau, Rinaldo; Di Liberto, Adriana; Pigliaru, Francesco - 2010
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011575139
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The impact of mobile technology on economic growth : global insights from 2000-2017 developments
Bahia, Kalvin; Castells, Pau; Pedros, Xavie - 2019
The last two decades have seen a lot research devoted to understanding the economic impact of telecoms infrastructure; however, the explosion of mobile technology, especially in the last decade, has received much less attention. This study addresses important evidence gaps by considering the...
Persistent link: https://www.econbiz.de/10012151904