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  • Garcilazo, Enrique  (4)
  • Paris : OECD  (4)
  • Bayreuth
  • Urban, Rural and Regional Development  (4)
  • Konferenzschrift
  • 1
    Online Resource
    Online Resource
    Quality of government and the returns of investment : examining the impact of cohesion expenditure in European regions (2013)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (21 S.) , graph. Darst., Kt.
    Series Statement: OECD regional development working papers 2013/12
    Keywords: 1996 - 2007 ; Regionalverwaltung ; Governance-Ansatz ; Politikfeldanalyse ; Regionalentwicklung ; Regionales Wachstum ; EU-Strukturfonds ; EU-Staaten ; Urban, Rural and Regional Development ; Arbeitspapier ; Graue Literatur
    Abstract: This paper sets out to examine the impact of the quality of local and regional governments on the returns of investment, focusing on the returns of EU structural and cohesion funds. Despite the widespread belief that the quality of government affects the returns of public investments, whether this is effectively the case has seldom been proved. Using primary data on quality of government collected by the Quality of Government Institute, combined with World Bank Global Governance Indicators data, we conduct a two-way fixed effect panel regression model for a total of 169 in European regions during the period 1996 to 2007. The results of the analysis underline the importance of the quality of government both as a direct determinant of economic growth, as well as a moderator of the efficiency of structural and cohesion funds expenditure. Our analysis finds that both EU investments targeting regions and quality of government make a difference for regional economic growth, but that above a significant threshold level of expenditure, the quality of government is the key factor determining the returns of public investment. In many of the regions receiving the bulk of structural funds, greater levels of cohesion expenditure would, in the best case scenario, only lead to a marginal improvement in economic growth, unless the quality of government is significantly enhanced.
    Note: Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k43n1zv02g0-en
    URL: Volltext
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Growth trends and characteristics of OECD rural regions (2013)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (25 S.) , graph. Darst.
    Series Statement: OECD regional development working papers 2013/10
    Keywords: 1995-2010 ; Ländlicher Raum ; Regionales Wachstum ; Finanzkrise ; OECD-Staaten ; Urban, Rural and Regional Development ; Arbeitspapier ; Graue Literatur
    Abstract: This paper benchmarks the performance of OECD rural regions with other types of OECD regions over the period 1995-2010. OECD regions are classified into three types according to the OECD regional typology and into four types according to the extended OECD typology. The latter classifies rural regions into rural regions close to cities and rural remote regions. The analysis focuses on two time-periods: the first prior to the global financial crisis covering 1995 to 2007 and the second capturing the effects of the crisis from 2007- 2010. The results display a relative stable trend in settlement patterns among urban and rural regions over the last 15 years. Level comparisons reveal important differences between urban and rural regions. The latter are characterised with low density, long distances and lack of critical mass in comparison to other OECD regions. Notable differences are also present within rural regions. In terms of performance, rural regions record the highest average growth in GDP per capita and in productivity but also the highest volatility in growth rates during the pre-crises period. Within countries, rural regions record the fastest rate of growth in GDP per capita in 40% of OECD countries considered. Among rural regions, those close to a city are the most dynamic in GDP per capita, productivity and population growth during 1995-2007. The effects of the crisis have been more severe in urban regions in GDP, GDP per-capita and employment rates. Rural regions in contrast have suffered a higher increase in unemployment rates. Overall the effects of the crisis will likely have a more lasting effect on rural regions, particularly in remote rural regions, due to their thinner and less diversified economic base. In sum this paper finds stark difference between rural and urban regions and between rural regions close to cities and remote rural regions which suggests the need for a differentiated policy approach capable of addressing the different types of challenge.
    Note: Systemvoraussetzungen: Acrobat Reader.
    DOI: 10.1787/5k4522x3qk9q-en
    URL: Volltext
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  • 3
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    The impact of structural and macroeconomic factors on regional growth (2013)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (21 S.) , graph. Darst.
    Series Statement: OECD regional development working papers 2013/11
    Keywords: Regionales Wachstum ; Produktivität ; Strukturpolitik ; Räumliche Wirkung ; OECD-Staaten ; Governance ; Urban, Rural and Regional Development ; Arbeitspapier ; Graue Literatur
    Abstract: This papers aims to understand the impact of nation-wide structural policies such as product market regulation in six upstream sectors and employment protection legislation and that of macroeconomic factors on the productivity growth of OECD regions. In particular we explore how this effect varies with the productivity gap of regions with their country’s frontier region. We use a policy-augmented growth model that allows us to simultaneously estimate the effects of macroeconomic and structural policies on regional productivity growth controlling for region-specific determinants of growth. We estimate our model with an unbalanced panel dataset consisting of 217 regions from 22 OECD countries covering the period 1995 to 2007. We find a strong statistical negative effect of product market regulation on regional productivity growth in five of the six upstream sectors considered and the effects are differentiated with respect to the productivity gap. Our estimates also reveal that dispersion of policies hurts regional productivity growth suggesting that policy complementarity can boost productivity growth. The effects of employment protection legislation are negative overall and are especially detrimental to productivity growth in lagging regions. The three macroeconomic factors we consider also influence regional performance: inflation has a negative effect on regional growth and government debt has a positive effect on average. When differentiating the effects by the distance to the frontier, trade-openness is more beneficial to lagging regions and the negative effects of inflation are less negative in lagging regions. These results reveal a strong link between nation-wide policies and the productivity of regions, which carries important policy implications, mainly that these effects should be taken into account in the policy design.
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    DOI: 10.1787/5k451mplq9lw-en
    URL: Volltext
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  • 4
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    The contribution of regions to aggregate growth in the OECD (2013)
    Paris : OECD
    Details
    Language: English
    Pages: Online-Ressource (18 S.) , graph. Darst.
    Series Statement: OECD regional development working papers 2013/28
    Keywords: 1995-2007 ; Regionalentwicklung ; Wirtschaftswachstum ; Aggregation ; OECD-Staaten ; Urban, Rural and Regional Development ; Arbeitspapier ; Graue Literatur
    Abstract: This paper investigates the contribution of regions to aggregate growth in the OECD. We find a great degree of heterogeneity in the performance of OECD TL3 regions and among the OECD regional typology (urban, intermediate and rural). While the distribution in GDP and GDP per capita growth rates follows an approximately normal distribution, the regional contributions to aggregate growth follow a power law, with a coefficient around 1.2 (in absolute terms). This implies that Few-Large (FL) regions contribute disproportionately to aggregate growth whereas Many-Small (MS) individual regions contribute only marginally. Nevertheless, because the number of these smaller regions is very large and the decay of their contribution to growth is slow (generating a fat tail distribution), their cumulated contribution is actually around 2/3 of aggregate growth. For the period 1995-2007, only 2.4% of OECD TL3 regions contribute to 27% of OECD GDP growth, but the remaining 97.6% corresponds to 73%. We also found that the distribution of growth rates by size follows a non-monotonic pattern, with the largest concentration of above average regional growth rates being concentrated for middle-sized regions. This heterogeneity suggests that the possibilities for growth seem to exist in many different types of regions.
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    DOI: 10.1787/5k3tt0zzp932-en
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