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The beta-convergence analysis and regional disparities in EU-28
Bratu, Mihaela - In: Journal of academic research in economics 6 (2014) 2, pp. 169-178
Persistent link: https://www.econbiz.de/10011345207
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Testing for spatial autocorrelation: the regressors that make the power disappear
Martellosio, Federico - Volkswirtschaftliche Fakultät, … - 2008
We show that for any sample size, any size of the test, and any weights matrix outside a small class of exceptions, there exists a positive measure set of regression spaces such that the power of the Cliff-Ord test vanishes as the autocorrelation increases in a spatial error model. This result...
Persistent link: https://www.econbiz.de/10005620071
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On the bootstrap for Moran’s I test for spatial dependence
Jin, Fei; Lee, Lung-fei - In: Journal of Econometrics 184 (2015) 2, pp. 295-314
, the bootstrap can be studied based on linear–quadratic (LQ) forms of disturbances. By proving the uniform convergence of …
Persistent link: https://www.econbiz.de/10011117413
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The pungent smell of 'red herrings': Subsoil assets, rents, volatility and the resource curse
van der Ploeg, Frederick; Poelhekke, Steven - 2010
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a 'red herring' once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Persistent link: https://www.econbiz.de/10010270478
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OLS-Estimation of conditional and unconditional sigma- and beta-convergence of per capita income: Implications of Solow-Swan and Ramsey-Cass models
Maurer, Rainer - 1995
section 2) and the implications of the Solow-Swan and Ramsey-Cass model for an OLS-estimation of beta- and sigma-convergence … unconditional sigma- and beta-convergence. The discussion of the statistical relations exhibits that based on the Cauchy …-Schwarz inequality it is possible to show that sigma-convergence implies necessarily beta-convergence but that beta-convergence is …
Persistent link: https://www.econbiz.de/10010275564
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The volatility curse: revisiting the paradox of plenty
van der Ploeg, Frederick; Poelhekke, Steven - 2009
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10010276228
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The volatility curse : revisiting the paradox of plenty
Ploeg, Frederick van der; Poelhekke, Steven - 2009
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10003832092
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The pungent smell of "red herrings" : subsoil assets, rents, volatility and the resource curse
Ploeg, Frederick van der; Poelhekke, Steven - 2010
Brunnschweiler and Bulte (2008) provide cross-country evidence that the resource curse is a "red herring" once one corrects for endogeneity of resource exports and allows resource abundance affect growth. Their results show that resource exports are no longer significant while the value of...
Persistent link: https://www.econbiz.de/10003956035
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Volatility and the Natural Resource Curse
van der Ploeg, Rick - 2011
We provide cross-country evidence that rejects the traditional interpretation of the natural resource curse. First, growth depends negatively on volatility of unanticipated output growth independent of initial income, investment, human capital, trade openness, natural resource dependence, and...
Persistent link: https://www.econbiz.de/10013134342
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About Regional Convergence Clubs in the European Union
Simionescu, Mihaela - 2015
The goal of this research is to present the concept of convergence club within the European Union members, starting … from the hypothesis that an overall convergence cannot be identified because of the high output disparities between … countries and between regions. For the analysis, the concept has been used as a method of regression based on a convergence test …
Persistent link: https://www.econbiz.de/10013019166