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inflation differentials that are likely to emerge when growth differentials tend to persist inside a monetary union. As the Euro …
Persistent link: https://www.econbiz.de/10005057175
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
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012183996
regional inflation. Connectivity as a network is spatially dependent and consequently there is a strong likelihood that spatial … effects exist from either expansion or improvement in infrastructure, impacting inflation across regions. The empirical … expands and improves connectivity and supports a more moderate regional inflation. The effectiveness of road connectivity is …
Persistent link: https://www.econbiz.de/10013306316
Persistent link: https://www.econbiz.de/10008659008
This paper examines changes in regional inequality in India in the 1990s, using data for 210 of India's districts, spread across nine states. It provides a finer-grained quantitative analysis of growth patterns than has hitherto been attempted for India. The methodology is that of cross-section...
Persistent link: https://www.econbiz.de/10010227915
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012839051
The Dominican Republic and Haiti share the island of Hispaniola and are broadly similar in terms of geography and historical institutions, yet their growth performance has diverged remarkably. The countries had the same per capita real GDP in 1960 but, by 2005, the Dominican Republic's per...
Persistent link: https://www.econbiz.de/10012777356
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...
Persistent link: https://www.econbiz.de/10012750404
This paper studies the convergence in per capita gross regional products (GRPs) across Russian regions in the period from 1996 to 2017. We estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our knowledge, this is...
Persistent link: https://www.econbiz.de/10012831203