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Capital deepening and regional inequality: an empirical analysis

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  • Michael Beenstock
  • Daniel Felsenstein
  • Nadav Ben Zeev

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  • Michael Beenstock & Daniel Felsenstein & Nadav Ben Zeev, 2011. "Capital deepening and regional inequality: an empirical analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 47(3), pages 599-617, December.
    • Handle: RePEc:spr:anresc:v:47:y:2011:i:3:p:599-617
    DOI: 10.1007/s00168-010-0397-1
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    References listed on IDEAS

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    1. M. Hashem Pesaran, 2006. "Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure," Econometrica, Econometric Society, vol. 74(4), pages 967-1012, July.
    2. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
    3. Michael Beenstock & Daniel Felsenstein, 2010. "Spatial error correction and cointegration in nonstationary panel data: regional house prices in Israel," Journal of Geographical Systems, Springer, vol. 12(2), pages 189-206, June.
    4. Arie Bregman & Melvyn Fuss & Haim Regev, 1998. "The Effects of Capital Subsidization on Israeli Industry," Working Papers fuss-98-01, University of Toronto, Department of Economics.
    5. Varaiya, Pravin & Wiseman, Michael, 1981. "Investment and employment in manufacturing in U.S. metropolitan areas 1960-1976," Regional Science and Urban Economics, Elsevier, vol. 11(4), pages 431-469, November.
    6. Pedroni, Peter, 2004. "Panel Cointegration: Asymptotic And Finite Sample Properties Of Pooled Time Series Tests With An Application To The Ppp Hypothesis," Econometric Theory, Cambridge University Press, vol. 20(3), pages 597-625, June.
    7. Stephanie E. Chang, 1997. "Regional Economic Structure And Capital Investment In The Built Physical Environment," Papers in Regional Science, Wiley Blackwell, vol. 76(4), pages 385-407, October.
    8. Dafna Schwartz & Michael Keren, 2006. "Location incentives and the unintentional generation of employment instability:some evidence from Israel," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 40(2), pages 449-460, June.
    9. Leah M. Cook & Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 11-33.
    10. Gil Avnimelech & Dafna Schwartz & Raphael Bar-El, 2006. "Entrepreneurial High-tech Cluster Development: Israel's Experience with Venture Capital and Technological Incubators," European Planning Studies, Taylor & Francis Journals, vol. 15(9), pages 1181-1198, July.
    11. Sofia Levtchenkova & Jeffrey Petchey, 2000. "Regional Capital Stock Data for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 33(2), pages 193-197, June.
    12. Alenka S. Giese & Robert H. Schnorbus, 1989. "A New approach to regional capital stock estimation: measurement and performance," Working Paper Series, Regional Economic Issues 1989-6, Federal Reserve Bank of Chicago.
    13. Arie Bregman & Melvyn Fuss & Haim Regev, 1998. "The Effects of Capital Subsidization on Israeli Industry," NBER Working Papers 6788, National Bureau of Economic Research, Inc.
    14. Jörn-Steffen Pischke, 2005. "Labor Market Institutions, Wages, and Investment: Review and Implications," CESifo Economic Studies, CESifo Group, vol. 51(1), pages 47-75.
    15. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
    16. Weber, William L. & Domazlicky, Bruce R., 2006. "Capital Deepening and Manufacturing's Contribution to Regional Economic Convergence," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 36(1), pages 1-14.
    17. Michael Beenstock & Daniel Felsenstein, 2008. "Regional Heterogeneity, Conditional Convergence and Regional Inequality," Regional Studies, Taylor & Francis Journals, vol. 42(4), pages 475-488.
    18. Holtz-Eakin, Douglas, 1993. "State-specific estimates of state and local government capital," Regional Science and Urban Economics, Elsevier, vol. 23(2), pages 185-209, April.
    19. Gasper A. Garofalo & Steven Yamarik, 2002. "Regional Convergence: Evidence From A New State-By-State Capital Stock Series," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 316-323, May.
    20. Dimitris K. Christopoulos & Efthymios G. Tsionas, 2004. "Convergence and regional productivity differences: Evidence from Greek prefectures," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(3), pages 387-396, September.
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    Citations

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    Cited by:

    1. Michael Beenstock & Daniel Felsenstein & Ziv Rubin, 2017. "Does foreign direct investment polarize regional earnings? Some evidence from Israel," Letters in Spatial and Resource Sciences, Springer, vol. 10(3), pages 385-409, October.
    2. Eduardo A. Haddad & Renato S. Vieira & Inácio F. Araújo & Silvio M. Ichihara & Fernando S. Perobelli & Karina S. S. Bugarin, 2022. "COVID-19 crisis monitor: assessing the effectiveness of exit strategies in the State of São Paulo, Brazil," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(2), pages 501-525, April.
    3. Makram El‐Shagi & Steven Yamarik, 2019. "State‐level capital and investment: Refinements and update," Growth and Change, Wiley Blackwell, vol. 50(4), pages 1411-1422, December.
    4. Michael Beenstock, 2017. "How internally mobile is capital?," Letters in Spatial and Resource Sciences, Springer, vol. 10(3), pages 361-374, October.
    5. Daniel Felsenstein, 2015. "Factors Affecting Regional Productivity and Innovation in Israel: Some Empirical Evidence," Regional Studies, Taylor & Francis Journals, vol. 49(9), pages 1457-1468, September.
    6. Yuval Arbel & Chaim Fialkoff & Amichai Kerner & Miryam Kerner, 2022. "Do population density, socio-economic ranking and Gini Index of cities influence infection rates from coronavirus? Israel as a case study," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 181-206, February.

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    More about this item

    Keywords

    O18; R11; R53;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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