GDP per capita
Economic history and conditions
DOAJ:Business and Economics
Social sciences (General)
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AbstractThis paper evaluates whether the learning mechanisms of the European Cohesion policy have contributed to improve the economic impact of Structural Fund expenditure over time. It analyses whether the evolution of the policy in response to greater internal monitoring and external scrutiny has resulted in a more efficient and better targeted Cohesion policy. This is tested using an econometric model which evaluates the effect of Structural Fund expenditure on the growth of regional GDP per capita —conditional on factor endowments, institutional quality and initial conditions— during the last programming periods for which full sets of data are available (1994-1999 and 2000-2006). The results of the analysis unveil an increase in the effectiveness of the policy in successive periods. This positive association is robust to controlling for the level of development of the country and the relative economic position of a region within a country. The results also show that, when structural factors are taken into consideration, Structural Fund investment tends to yield higher returns in better-off countries and wealthier regions within countries
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The modern corporation statement on economicsUniversity of Massachusetts at Lowell ( UMass Lowell ); School for Oriental and African Studies ( SOAS ) ; Université de Londres; University of Manchester [Manchester]; Université de Genève ( UNIGE ); Centre de recherche en économie de Grenoble ( CREG ) ; Université Pierre Mendès France - Grenoble 2 ( UPMF ) -Université Grenoble Alpes ( UGA ); Lazonick , William; Blankenburg , Stephanie; Froud , Julie; O’Sullivan , Mary; Chanteau , Jean-Pierre; et al. (HAL CCSD, 2016)SSRN papers, 8 p.
Growth Poles and MultipolarityAdams-Kane, Jonathon; Lim, Jamus Jerome (2012-03-19)This paper develops an empirical measure
of growth poles and uses it to examine the phenomenon of
multipolarity. The authors formally define several
alternative measures, provide theoretical justifications for
these measures, and compute polarity values for nation
states in the global economy. The calculations suggest that
China, Western Europe, and the United States have been
important growth poles over the broad course of world
history, and in modern economic history the United States,
Japan, Germany, and China have had prominent periods of
growth polarity. The paper goes on to analyze the economic
and institutional determinants, both at the proximate and
fundamental level, that underlie this measure of polarity,
as well as compute measures of dispersion in growth polarity
shares for the major growth poles.
Leadership and Growth : Commission on Growth and DevelopmentBrady, David; Spence, Michael (World Bank, 2012-03-19)In May 2008, the commission on growth and development (the growth commission) issued its report entitled 'the growth report'. In it the commission attempted to distill what had been learned in the past two decades, from experience and academic and policy research, about strategies and policies that produced sustained high growth in developing countries. It became clear in the course of the work that politics, leadership, and political economy (the interaction of economic and political forces and choices) were centrally important ingredients in the story. Dealing with the politics and the interaction of political and economic forces is a work in progress in research, an important one. Given this breadth, one of the editors' roles is to focus the reader's attention on what they take to be common issues across these chapters. These common problems are fourfold: (1) promoting national unity; (2) building good, solid institutions; (3) choosing innovative and localized policies; and (4) creating political consensus for long-run policy implementation. This report represent an excellent first step toward understanding the role of leadership in generating economic growth, and the author hope that they generate ideas and lead to new research on the problem of leadership in economic growth.