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A convergence analysis is applied to wages and productivity for Euro-area countries in the period from 1981 to 2001. The results show a reduction in the dispersion of wages and unit labour costs, but not in productivity. Different patterns are found for real and nominal wages: higher levels of...
Persistent link: https://www.econbiz.de/10005470941
The main objective of this paper is to outline the relevance of regional externalities when explaining growth. The recent literature has already put attention to external economies or spillover effects, although in most cases it has been at firm or sectoral level. However, it is our belief that...
Persistent link: https://www.econbiz.de/10011306818
Based on the initial paper of Krugman (1991), several works have analysed the consequences of the integration process on the activity location. In this sense, Puga (1996) and Puga and Venables (1996) among others, have derived an inverse U-shape relationship between integration and...
Persistent link: https://www.econbiz.de/10011306831
Persistent link: https://www.econbiz.de/10011310502
Persistent link: https://www.econbiz.de/10008421111
There are several determinants that influence household location decisions. More concretely, recent economic literature assigns an increasingly important role to the variables governing quality of life. Nevertheless, the spatial stationarity of the parameters is implicitly assumed in most...
Persistent link: https://www.econbiz.de/10005059623
Based on the initial paper of Krugman (1991), several works have analysed the consequences of the integration process on the activity location. In this sense, Puga (1996) and Puga and Venables (1996) among others, have derived an inverse U-shape relationship between integration and...
Persistent link: https://www.econbiz.de/10005539257
Royuela V., Moreno R. and Vaya E. Influence of quality-of-life on urban growth: a case study of Barcelona, Spain, Regional Studies. There are several determinants that influence household location decisions. More concretely, the recent economic literature assigns an increasingly important role...
Persistent link: https://www.econbiz.de/10008674827
The main objective of this paper is to outline the relevance of regional externalities when explaining growth. The recent literature has already put attention to external economies or spillover effects, although in most cases it has been at firm or sectoral level. However, it is our belief that...
Persistent link: https://www.econbiz.de/10005227773
Persistent link: https://www.econbiz.de/10005817798