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Economic Growth and Regional Disparities in Slovenia
Banerjee B. and Jesenko M. Economic growth and regional disparities in Slovenia, Regional Studies. Regional disparities in gross domestic product (GDP) per capita and labour utilization have widened in Slovenia since 1999. However, regional gaps in per capita household disposable income have declined because of higher social transfers to the poorest regions, inter-regional commuting and other factors. Econometric analysis shows that there is heterogeneity in steady-states across regions, and regional growth in per capita GDP and labour productivity are converging to these region-specific steady-states. Time-series approach to convergence confirms stochastic trend convergence in both indicators for several regions. Labour productivity growth has been driven by capital deepening and growing importance of total factor productivity (TFP) improvement.
Economic Growth and Regional Disparities in Slovenia
Banerjee B. and Jesenko M. Economic growth and regional disparities in Slovenia, Regional Studies. Regional disparities in gross domestic product (GDP) per capita and labour utilization have widened in Slovenia since 1999. However, regional gaps in per capita household disposable income have declined because of higher social transfers to the poorest regions, inter-regional commuting and other factors. Econometric analysis shows that there is heterogeneity in steady-states across regions, and regional growth in per capita GDP and labour productivity are converging to these region-specific steady-states. Time-series approach to convergence confirms stochastic trend convergence in both indicators for several regions. Labour productivity growth has been driven by capital deepening and growing importance of total factor productivity (TFP) improvement.
Economic Growth and Regional Disparities in Slovenia
Banerjee, Biswajit (author) / Jesenko, Manca (author)
Regional Studies ; 49 ; 1722-1745
2015-10-03
24 pages
Article (Journal)
Electronic Resource
English
Regional disparities , β-convergence , σ-convergence , Stochastic convergence , Unit root tests , Growth accounting , 区域落差 , β-收敛 , σ-收敛 , 随机收敛 , 单位根检验 , 增长核算 , Écarts régionaux , Convergence-β , Convergence-σ , Convergence stochastique , Tests de racine unitaire , Comptabilité de croissance , Regionale Disparitäten , β-Konvergenz , σ-Konvergenz , Stochastische Konvergenz , Einheitswurzeltests , Wachstumszerlegung , Desigualdades regionales , Convergencia β , Convergencia σ , Convergencia estocástica , Pruebas de raíz unitaria , Contabilidad del crecimiento , O18 , O47 , O52
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