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Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a result of structural changes in economy. We investigate the differences among countries in EU in terms of the share in total economy of main sectors. Then, based on the spatial...
Persistent link: https://www.econbiz.de/10011548145
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered countries were more affected by the actual crisis. Today all forecasts are suffering by uncertainty. Last time, economists, with their methods and models, are invoked for actual...
Persistent link: https://www.econbiz.de/10010529078
Certainly the current crisis is affecting seriously the convergence process in EU. Starting from the spatial distribution in EU of some fundamental development indicators before the current crisis, we try to estimate the impact of the prolonged crisis. During last years, the less developed...
Persistent link: https://www.econbiz.de/10011515567
This paper constructs China national and provincial physical capital and human capital for the period 1984-2006. The estimation of physical capital is extended to the use of sources of fund and ownership of fund. The growth accounting framework is used to calculate the output, input and total...
Persistent link: https://www.econbiz.de/10014203547
This paper evaluates the relative contribution of factor accumulation and technology in explaining output per worker differences across Italian regions in the period 2000-2004. The contributions of physical and human capital are separately estimated through the variance decomposition of output...
Persistent link: https://www.econbiz.de/10014211339
The purpose of this note is to document how we constructed annual series for average educational attainment in the 20 Italian administrative regions throughout the 1970-1998 period. These annual data are disaggregated by gender and by eight sectors (Agriculture, Energy, Manufacturing,...
Persistent link: https://www.econbiz.de/10013133879
Die vorliegende Studie wurde im ifo Arbeitsbereich Branchenforschung erstellt und im Frühjahr 2005 abgeschlossen. Auftraggeber war das Bundesministerium für Wirtschaft und Arbeit. Gegenstand der Studie sind der Stand und die Perspektiven der „New Economy“ in Deutschland sowie ein Vergleich...
Persistent link: https://www.econbiz.de/10011747524
This article uses a non-linear time-varying model to test productivity convergence in 10 emerging countries within Central and Eastern Europe. The results show that the convergence algorithm has rejected the null hypothesis of convergence for all countries in most of the sectors. Also, we found...
Persistent link: https://www.econbiz.de/10011890898
Nordhaus (2008) has developed a testing strategy for what he calls "Baumol's diseases", by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the "diseases". This...
Persistent link: https://www.econbiz.de/10008728699
Nordhaus (2008) has developed a testing strategy for what he calls ‘Baumol’s diseases’, by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the ‘diseases’....
Persistent link: https://www.econbiz.de/10014198702