Growth in regions

Growth in regions
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DOI:
10.1007/s10887-014-9105-9
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发表时间:
2014-09-01
影响因子:
2.3
通讯作者:
Shleifer, Andrei
Shleifer, Andrei
中科院分区:
经济学1区
文献类型:
--
作者:
Gennaioli, Nicola;La Porta, Rafael;Shleifer, Andrei

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我们使用来自 83 个国家的 1,528 个地区的新样本来比较国家内部和国家之间人均收入趋同的速度。区域增长受到与国家增长类似的因素的影响,例如地理和人力资本。区域趋同率每年约为2%,与国家之间的趋同率相当。在较富裕的国家和资本市场较好的国家,区域融合速度更快。新古典增长模型的校准表明,需要对国家内部的要素流动设置重大障碍来解释证据。
We use a newly assembled sample of 1,528 regions from 83 countries to compare the speed of per capita income convergence within and across countries. Regional growth is shaped by similar factors as national growth, such as geography and human capital. Regional convergence rate is about 2 % per year, comparable to that between countries. Regional convergence is faster in richer countries, and countries with better capital markets. A calibration of a neoclassical growth model suggests that significant barriers to factor mobility within countries are needed to account for the evidence.