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Empirical evidence about income convergence among regions and countries is inconclusive and it is necessary to clarify the economic and institutional conditions for convergence. We investigate movements in the income distribution among regions in an integrated market with high mobility of labor,...
Persistent link: https://www.econbiz.de/10011332311
Thailand has experienced economic growth well above world averages for about 40years. It is a challenge to understand the sources of this high growth path, and inparticular why growth has not slowed down with assumed decreasing returns to capital.We develop an intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10009446785
This paper provides an empirical test of a principal tenet of fiscal federalism: that spending discretion, when granted to localities, leads to public-sector heterogeneity, with public-good levels adjusting to suit local demands. The test is based on a simple model of partial fiscal...
Persistent link: https://www.econbiz.de/10010288461
We analyze static and dynamic agglomeration effects across education groups. The data are based on administrative registers covering all full time workers in the private sector of Norway during 2001-2010, about 6.5 million worker-year observations, including place and sector of work experience...
Persistent link: https://www.econbiz.de/10010856729
This paper provides an empirical test of a principal tenet of fiscal federalism: that spending discretion, when granted to localities, leads to public-sector heterogeneity, with public-good levels adjusting to suit local demands. The test is based on a simple model of partial fiscal...
Persistent link: https://www.econbiz.de/10010877638
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