Download or read book Convergence divergence in Regional Growth Rates written by Paul Cheshire and published by . This book was released on 1995 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth and Change written by John Adams and published by Edward Elgar Publishing. This book was released on 1999 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers global, national, and regional (subnational) patterns of economic growth from a comparative perspective in 16 papers from a June 1997 conference in Cagliari, Italy. They include discussions of the economic rise and decline of nations; research and development, technology, and economic growth; how much convergence has taken place in the inequality in regional and state per-capita incomes in the US; whether allocation matters in human capital and growth in the European regions; growth and sectoral dynamics in the Italian regions; and regional integration and public investment in Spain. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Convergence Divergence and Changing Trade Patterns written by Klaus Wälde and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. Introduction and overview Until still few years ago, economic growth theory (going back to Solow, 1956; for an introduction cf. Burmeister and Dobell, 1970) predicted convergence of both growth rates and level of per capita income of economies which share identical preferences, technologies and same population growth rates, independently of initial conditions. Countries with a low capital stock grow faster than those with a higher capital stock, until, in the long-run, they all converge to a common constant growth rate. This prediction is due to the way how growth is "explained" in models of this kind. Growth of output per capita resulted, in the simplest model, from an exogenous growth oflabour productivity (see e. g. Sala-i-Martin, 1990; Grossman and Helpman, 1991a, ch. 2). Si!1ce this increase of productivity is exogenously given, the model itselfdoes not give any explanation ofits source. The prediction ofconvergence ofgrowth rates, itself, is very doubtful and observations show, that on an international level either convergence is not given at all, or that it takes a very long time. The literature of the "new" theory of growth provides a rich variety of models whose theoretical implications range from divergence to convergence and thus offers much better working tools in order to analyze real world observations. These models (starting with Romer, 1986 and Lucas, 1988) explain growth of GNP or per capita income from within the model by includingexternal effects such as a public stock ofknowledge capital (e. g.
Download or read book Convergence and Divergence Among European Regions written by Roger William Vickerman and published by . This book was released on 1995 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth and Convergence written by Michał Bernardelli and published by Routledge. This book was released on 2021-06-30 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many different types of convergence within economics, as well as several methods to analyse each of them. This book addresses the concept of real economic convergence or the gradual levelling-off of GDP (gross domestic product) per capita rates across economies. In addition to a detailed, holistic overview of the history and theory, the authors include a description of two modern methods of assessing the occurrence and rate of convergence, BMA-based and HMM-based, as well as the results of the empirical analysis. Readers will have access not only to the conventional econometric approach of β convergence but also to an alternative one, allowing for the convergence issue to be expressed in the context of automatic pattern recognition. This approach is universal as it can be adapted to a variety of input data. The lowest aggregation level study investigates regional convergence through the case of Polish voivodships, where convergence towards the leader is tested. On a higher level of aggregation, the authors examine the existence of GDP convergence in such groups as the EU28, North Africa and the Middle East, sub-Saharan Africa, South America, Caribbean, South-East Asia, Australia and Oceania, or post-socialist countries. For each group, the real β convergence is tested using the two above-mentioned approaches. The results are widely discussed, broadly illustrated, interpreted, and compared. The analysis allows readers to draw interesting conclusions about the causes of convergence or the drivers behind divergence. The book will stimulate further research in the field, but the research was conducted from the point of view of individual countries.
Download or read book Regional Cohesion written by Xavier Sala-i-Martin and published by . This book was released on 1994 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Growth and Convergence written by Cambridge Econometrics and published by . This book was released on 1997 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Convergence and Divergence in Europe written by Gertrude Tumpel-Gugerell and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge : 1. Introductory session. - 2. Past convergence within the European Union. - 3. Accesion countries : achievements in real convergence. - 4. Accesion countries : how to balance real and nominal convergence challenges for monetary and exchange rate policy. - 5. Does the financial sector contribute to real growth? - 6. Is there somebody left out in the cold? prospects of CEE countries other than current accesion countries. - 7. Policy challenges within the (enlarged) EU : how to foster economic convergence?
Download or read book Convergence Across Countries and Regions written by Angel de la Fuente and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Convergence and Divergence Tendencies in Europe written by Sascha Sardadvar and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent empirical studies on regional economic growth have extended regressions on convergence to account for externalities and spatial dependencies. Most of these studies, however, set the focus on whether regional output levels display convergence trends and consequently tend to ignore persisting or widening disparities that may occur at the same time. This paper examines the simultaneous occurrence of regional convergence and divergence tendencies in Europe by applying a spatial econometric model specification that is derived from a neoclassical growth model. Depending on factor endowments and relative locations in space, divergence may occur within sub-groups of regions despite an overall observation of convergence. The observation area comprises 253 European regions of the EU and EFTA on the NUTS2 and equivalent level, with empirical results provided for an observation period from 2001 to 2007.
Download or read book Convergence Across States and Regions written by Robert J. Barro and published by . This book was released on 1991 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Convergence in the European Union written by Juan R. Cuadrado-Roura and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.
Download or read book Convergence Clubs and Spatial Externalities written by Stilianos Alexiadis and published by Springer Science & Business Media. This book was released on 2012-09-24 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities.
Download or read book Income Disparity and Convergence in China s Regional Economies written by Yanrui Wu and published by . This book was released on 1999 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book People and Protected Areas written by Ashish Kothari and published by Sage Publications (CA). This book was released on 1996 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presentations at the September 1994 workshop Exploring the Possibilities of Joint Management of Protected Areas in India, held in New Delhi have been revised and edited so the resulting 17 papers complement each other and provide a comprehensive look at people's involvement in the conservation of wildlife and wildlife habitats. They cover the potential and desirability, policy and legal aspects, institutional and procedural aspects, proposals for joint management, and experiences from other countries. Includes a glossary without pronunciation. No index. Annotation copyright by Book News, Inc., Portland, OR
Download or read book Regional Growth in the United States written by Noah Nehemiah Gillespie and published by . This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Development" is a ubiquitous term that at one turn refers purely to regional or national economic growth, and at another refers to achieving a basic standard of living for all the people of the world. The dearth of reflection on these multiple meanings in the literature is further overshadowed by the absence of empirical study into the different implications of development, when considered through these various lenses. In this thesis, I strive to provide some analysis into the prevailing trends in two separate measures among the 48 contiguous United States over the period 1997-2006: real Gross State Product per capita (GSP) representing the "economic growth" paradigm, and the Human Development Index (HDI) representing a more holistic "quality of life" conception. Using the standard convergence equation popularized and rigorously defined by Barro and Sala-i-Martin (2004), I analyze whether there is convergence, divergence or stability in the distribution of GSP and HDI over this time period. I also experiment with three different model specifications: the standard non-linear model, a random effects panel model, and a spatial error panel model with random effects. Each specification, by relaxing some of the assumptions of the previous model, is found to provide a more realistic and nuanced picture of the true data generating process. I find that, over the study period, there is stability in GSP among the states, and that HDI is converging rapidly. I find further that all of the components of HDI are converging with the exception of the "command over resources" component, which is based on real GSP per capita. This implies that if prevailing trends continue, the quality of life experienced by the states in terms of health and education will rapidly approach equality, but that inequality in income is persistent, and should be the focus of policy aimed to increase equity among U.S. residents. I also find that there are significant spatial relationships among the states, and that controlling for these spatial effects greatly improves a model's explanatory power.
Download or read book Regional Disparities Growth and Inclusiveness written by Mr.Holger Floerkemeier and published by International Monetary Fund. This book was released on 2021-02-12 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and efficiency. We then investigate whether policymakers should focus on boosting the economic performance of lagging regions—or, conversely, accept the presence of regional disparities, and instead assist households in lagging regions through transfer payments, investments in education, health, and other basic services, and by facilitating out-migration.
