Konferenzbeitrag
Capital Deepening and Regional Inequality: An Empirical Analysis
We present a simple reproducible methodology for constructing regional capital stock data, which we apply to Israel. We find that capital deepening has been sigma-convergent since 1985. This process is "inverted" since capital stocks and capital-labor ratios in the richer center have been catching-up with their counterparts in the poorer periphery. We explain this phenomenon in terms of fundamental changes in regional policy. Despite this, regional wages have not been sigma-convergent because other wage determinants have been sigma-divergent
- Sprache
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Englisch
- Erschienen in
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Series: 50th Congress of the European Regional Science Association: "Sustainable Regional Growth and Development in the Creative Knowledge Economy", 19-23 August 2010, Jönköping, Sweden
- Klassifikation
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Wirtschaft
- Thema
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capital-labor ratios
regional inequalities
regional capital stock
wage convergence
regional human capital stock
- Ereignis
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Geistige Schöpfung
- (wer)
-
Beenstock, Michael
Felzenshtain, Daniyel
Benzeev, Nadav
- Ereignis
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Veröffentlichung
- (wer)
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European Regional Science Association (ERSA)
- (wo)
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Louvain-la-Neuve
- (wann)
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2010
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Beenstock, Michael
- Felzenshtain, Daniyel
- Benzeev, Nadav
- European Regional Science Association (ERSA)
Entstanden
- 2010