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We employ the spatial dynamic general equilibrium model RHOMOLO to estimate the economic impact of the 2021-2027 Cohesion Policy in Bulgarian NUTS-2 regions and analyse the implications for growth and development in Bulgaria. The main investment areas covered by the policy fall into the...
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We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel … estimate parametrically, nonparametrically, and with a threshold model. Our results show that economic convergence is …
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