Growth and Change最新文献

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Does diversified environmental regulation effect the foreign direct investment inflows and technological innovation? A three-stage least square approach 多元化环境监管会影响外国直接投资流入和技术创新吗?三阶段最小平方法
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-03-05 DOI: 10.1111/grow.12715
Lingcai Liu, Dongbei Bai, Shah Fahad, Ilhan Ozturk
{"title":"Does diversified environmental regulation effect the foreign direct investment inflows and technological innovation? A three-stage least square approach","authors":"Lingcai Liu,&nbsp;Dongbei Bai,&nbsp;Shah Fahad,&nbsp;Ilhan Ozturk","doi":"10.1111/grow.12715","DOIUrl":"https://doi.org/10.1111/grow.12715","url":null,"abstract":"<p>Foreign direct investment (FDI) inflows have been significantly impacted by environmental regulation (ER). This study is aiming at analyzing the ER effect on the FDI inflows. By using the data of 2008–2018, we use Three-stages least square (3SLS) method to assess the connection between FDI inflows and ER. The study results reveal that in Chinese industries, technological innovation (TI) is stipulated by the ER, and as a result, FDI has been engrossed. The results further reveal that TI has been enhanced by capital penetration, and a positive effect is perceived between TI and FDI. The findings of our study also show that there is a significant association between foreign capital (FC) inflows and TI, which indicates that technological policies are effective and advanced environmental policies would intensify the relevant policies between firms. Based on the study outcomes, this research proposes some policy suggestions for constructing a attuned policy system of environmental protection and FDI by regulating the implementation of conforming strategies.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140042979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Practitioners' ability to retool the economy: The role of agency in local economic resilience to plant closures in Ontario 从业人员重新调整经济的能力:机构在安大略省地方经济抵御工厂关闭中的作用
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-29 DOI: 10.1111/grow.12716
Jesse Sutton, Godwin Arku, Richard Sadler, John Hutchenreuther, Michael Buzzelli
{"title":"Practitioners' ability to retool the economy: The role of agency in local economic resilience to plant closures in Ontario","authors":"Jesse Sutton,&nbsp;Godwin Arku,&nbsp;Richard Sadler,&nbsp;John Hutchenreuther,&nbsp;Michael Buzzelli","doi":"10.1111/grow.12716","DOIUrl":"https://doi.org/10.1111/grow.12716","url":null,"abstract":"<p>Economic resilience focuses on how localities react and respond to shocks. A recent conceptual advancement, known as the agency perspective and rooted in evolutionary thinking, highlights that economic actors (e.g., practitioners, firms, and institutions) play an essential role in localities' resilience. However, empirical investigations into the role of economic actors have been scarce. To address this shortcoming, in this study we conducted in-depth interviews with 22 practitioners (economic development officials) from various cities in Ontario, Canada. Through an evolutionary lens, we examine practitioners' perceptions of and responses to endogenous shocks—notably, major industrial plant closures over the past 20 years. We find that practitioners influence localities' resilience through each dimension of the resilience process. Most notably, they support their localities' adaption through various short- and long-term adaptive strategies. Also, we find that economic actors have different capacities and resources at their disposal to respond to shocks depending on the size of their city and its geographical location. Regarding the latter, we reiterate a commonly noted north-south divide in the province. In addition, we find that economic actors are constrained by multi-scalar policies, and thus operate in the confines of existing power and political structures.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12716","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140000769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Empirical regional economics: Economic base theory, models and applications. By Richard S. Conway Jr. Springer Texts in Business and Economics, Springer. 2022. 275 pp. ISBN 978-3-030-76645-0 经验区域经济学:经济基础理论、模型与应用》。作者:Richard S. Conway Jr. Springer Texts in Business and Economics, Springer. 2022.275 pp.ISBN 978-3-030-76645-0
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-09 DOI: 10.1111/grow.12713
Courtney Bower
{"title":"Empirical regional economics: Economic base theory, models and applications. By Richard S. Conway Jr. Springer Texts in Business and Economics, Springer. 2022. 275 pp. ISBN 978-3-030-76645-0","authors":"Courtney Bower","doi":"10.1111/grow.12713","DOIUrl":"https://doi.org/10.1111/grow.12713","url":null,"abstract":"","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139716857","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Spillover effects of fiscal decentralization on access to basic social services in Burkina Faso 布基纳法索财政权力下放对获得基本社会服务的溢出效应
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-07 DOI: 10.1111/grow.12714
Oumarou Zallé, Pousseni Bakouan
{"title":"Spillover effects of fiscal decentralization on access to basic social services in Burkina Faso","authors":"Oumarou Zallé,&nbsp;Pousseni Bakouan","doi":"10.1111/grow.12714","DOIUrl":"https://doi.org/10.1111/grow.12714","url":null,"abstract":"<p>This paper delves into the spillover effects of fiscal decentralization on access to essential social services within communes in Burkina Faso. It employs a Dynamic Spatial Durbin Model that comprehensively incorporates temporal dynamics, spatial interdependence concerning the dependent variable, and spatial interdependence concerning exogenous variables. The analysis covers 280 municipalities, which represents 80% of the municipalities in Burkina Faso, over the period 2011–2020. The findings substantiate the presence of spillover effects stemming from fiscal decentralization on the availability of fundamental social services. However, the nature of these spatial effects hinges on the particular type of fiscal resources and local public goods under consideration. Notably, both capital expenditures and decentralized cooperation resources yield short-term and long-term direct as well as indirect enhancements to the quality of education and accessibility to potable water. On the other hand, self-generated revenue and operational grants augment water accessibility but bear no impact on educational quality. The outcomes put forth imply that municipal councils should concurrently bolster resource mobilization by fortifying decentralized cooperation and widening the tax base. Simultaneously, the introduction of flexible tax payment mechanisms is advisable.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139704676","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Understanding the contemporary history of urban economic change: The case of entrepreneurial innovation 了解当代城市经济变革史:创业创新案例
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-06 DOI: 10.1111/grow.12712
Robert Huggins, Piers Thompson
{"title":"Understanding the contemporary history of urban economic change: The case of entrepreneurial innovation","authors":"Robert Huggins,&nbsp;Piers Thompson","doi":"10.1111/grow.12712","DOIUrl":"https://doi.org/10.1111/grow.12712","url":null,"abstract":"<p>In the opening decades of the twenty-first century certain cities around the world emerged as hubs of entrepreneurial innovation. This paper explores this urban economic change phenomenon through in-depth and comparative qualitative analysis. It focuses on the recent contemporary history of New York, Los Angeles, London, Berlin, Tokyo and Shanghai prior to the global COVID pandemic. Based on an analysis of the drivers, mechanisms and processes of change, it is found that these cities acted as places of possibility for many individuals who previously may have been unlikely to engage in entrepreneurship. The cities were found to have established new development paths through entrepreneurial innovation stemming from co-creation network dynamics, with key human agents playing pivotal roles. Common elements include the rise of venture capital, the growth of entrepreneurial cultures, and institutional policy changes. Notably, entrepreneurial innovation was found to be closely tied to changes in large corporates. This innovation evolved through the proliferation of new infrastructure such as co-working spaces and innovation incubators, with each city being utilised as a test-bed for new ideas. Finally, the emergence of a darker side to entrepreneurial innovation is found in terms of growing urban inequality.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12712","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139700627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Domestic or export: What is basic at the NUTS 2 regional level? A spatial endogenous regional growth model applied in the EU 国内或出口:什么是 NUTS 2 区域层面的基本要素?应用于欧盟的空间内生区域增长模型
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-06 DOI: 10.1111/grow.12707
Pascal Ricordel
{"title":"Domestic or export: What is basic at the NUTS 2 regional level? A spatial endogenous regional growth model applied in the EU","authors":"Pascal Ricordel","doi":"10.1111/grow.12707","DOIUrl":"https://doi.org/10.1111/grow.12707","url":null,"abstract":"<p>A common statement found in regional policy reports is that regional growth is an “export or die” issue. However, the succession of disruptions in the international supply chain has highlighted the crucial roles of domestic activities, local markets and short supply chains, turning the environmental and resilience challenge present in growth policy into a “domestic or die” issue. Recent regional growth theories have seriously questioned export activity as the only way in which to drive regional growth and have highlighted the crucial role of the domestic sector. However, no empirical study has assessed the roles of the domestic and export sectors in growth during this troubled economic period, despite the usefulness of this information for nonbiased policy decisions. Using a spatial endogenous regional growth model as a framework, we investigate the role of the domestic sector during the 1999–2014 period for 263 European Union (EU) Nomenclature of Territorial Units for Statistics (NUTS) regions. The results stress the importance of domestic productivity for regional growth during this period, which is characterized by three economic shocks, thereby elucidating the importance of domestic productivity for competitiveness and resilience issues.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12707","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139700626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Addressing spatial dependence when estimating technical efficiency: A spatialized data envelopment analysis of regional productive performance in the European Union 在估算技术效率时解决空间依赖性问题:欧盟地区生产绩效的空间化数据包络分析
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-03 DOI: 10.1111/grow.12711
Julián Ramajo, Miguel A. Márquez, Geoffrey J. D. Hewings
{"title":"Addressing spatial dependence when estimating technical efficiency: A spatialized data envelopment analysis of regional productive performance in the European Union","authors":"Julián Ramajo,&nbsp;Miguel A. Márquez,&nbsp;Geoffrey J. D. Hewings","doi":"10.1111/grow.12711","DOIUrl":"https://doi.org/10.1111/grow.12711","url":null,"abstract":"<p>Applying a spatialized data envelopment analysis, this paper estimates and analyzes the efficiency of European Union NUTS-2 regions during the period 2000–2014. The space-dependent efficiency scores estimated with the proposed model show a bimodal distribution that is not detected by the aspatial approach. The results confirm the crucial role of location of production units, offering important new insights on both the causes of regional disparities in labor productivity and the observed polarization of the European distribution of per capita income. The findings further suggest significant differences for the two subgroups (spatial clusters) of regional economies found in the correlation analysis between the efficiency scores and the components of the EU Regional Competitiveness Index. Consequently, policies suitable for one group of regions may not be suitable or appropriate for the other.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12711","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139676612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Survival of new and small retail businesses facing mega-retailers in non-metropolitan areas—The case of Walmart in the province of Quebec 非大都市地区新兴小型零售企业面对大型零售商的生存之道--魁北克省沃尔玛的案例
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-02 DOI: 10.1111/grow.12706
Ismaëlh Cissé, Jean Dubé
{"title":"Survival of new and small retail businesses facing mega-retailers in non-metropolitan areas—The case of Walmart in the province of Quebec","authors":"Ismaëlh Cissé,&nbsp;Jean Dubé","doi":"10.1111/grow.12706","DOIUrl":"https://doi.org/10.1111/grow.12706","url":null,"abstract":"<p>The aim of this paper is to study the impact of Walmart's entry on the survival of new and small retail businesses within non-metropolitan areas in the province of Quebec. To do so, the study covers the years 1999–2007 and focuses on four non-metropolitan cities. These include two Walmart entry cities, Rimouski and Salaberry-de-Valleyfield, and two other cities, where no Walmart was present during the study period, La Pocatière and Sorel-Tracy. The results of a difference-in-differences analysis, conducted through a semi-parametric Cox proportional hazards model, reveal that the entry of Walmart decreases the risk of closure of the new and small retail businesses.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139676645","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Analysing governance-led infrastructural development nexus in sub-Saharan Africa: Does the moderating role of institutional quality matter? 分析撒哈拉以南非洲以治理为主导的基础设施发展关系:机构质量的调节作用重要吗?
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-01 DOI: 10.1111/grow.12709
Michael Appiah, Stephen Taiwo Onifade, Bright Akwasi Gyamfi
{"title":"Analysing governance-led infrastructural development nexus in sub-Saharan Africa: Does the moderating role of institutional quality matter?","authors":"Michael Appiah,&nbsp;Stephen Taiwo Onifade,&nbsp;Bright Akwasi Gyamfi","doi":"10.1111/grow.12709","DOIUrl":"https://doi.org/10.1111/grow.12709","url":null,"abstract":"<p>Governments engage in infrastructural developments across the globe, and the level of success often colligates with institutional quality levels. However, despite the presence of governance, the lack of well-developed infrastructure has bedevilled sub-Saharan African (SSA) countries for decades. Therefore, this study investigates the governance-led infrastructural development hypothesis for the SSA region from an institutional quality perspective towards addressing the infrastructural deficit challenges of the region. A combination of advanced panel econometric techniques was applied to data collected from the African Development Bank, World Bank World Development Indicator, and International Monetary Fund (IMF) to investigate the governance-led infrastructural development hypothesis in SSA while controlling for financial development, economic growth, and industrialization in the region. The findings show that the interaction of institutional quality measures and governance indicators significantly and positively induces infrastructure in sub-Saharan Africa (SSA). Additionally, while economic growth and financial development yield no expected significant influence on infrastructural developments, industrialization plays a crucial role, as its spillover effects are not confined to boosting economic growth alone but also to infrastructural transformations. Thus, the provision of policy frameworks by authorities to strengthen institutions and promote good governance is vital for articulating and facilitating infrastructural development plans for SSA.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12709","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139676556","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Craft breweries and residential property values 手工酿酒厂与住宅物业价值
IF 3.2 3区 经济学
Growth and Change Pub Date : 2024-02-01 DOI: 10.1111/grow.12710
Yang Zhou, Neil Reid, Michael C. Carroll
{"title":"Craft breweries and residential property values","authors":"Yang Zhou,&nbsp;Neil Reid,&nbsp;Michael C. Carroll","doi":"10.1111/grow.12710","DOIUrl":"https://doi.org/10.1111/grow.12710","url":null,"abstract":"<p>This paper studies the effect of craft breweries on residential property values. Using a hedonic Difference-in-Differences (DID) approach and about 250 thousand housing transactions in Denver, Colorado from 1990 to 2016, we investigate the impact of proximity to a craft brewery on residential property values. We consider three types of residence (single-family home, row house, and condominiums), three types of brewery (all craft breweries, microbreweries, and brewpubs/taprooms), and two measurements of distance (Euclidian and walk-time). Our most robust results are found for single-family homes, whose values enjoy a premium of up to 20.4% for being in proximity to a brewpub/taproom several years after, with the average annual maximum premium around 3%. As expected, premiums decline as distance from breweries increase. Beyond a distance of 0.5 km or a 10-min walk-time, the premium for a regional/microbrewery is greater than that for a brewpub/taproom. For single family homes within 4 km or 40-min walk-time, the annualized premium ranges between 0.41% and 3.01%. These findings support the narrative that craft breweries are a neighborhood asset.</p>","PeriodicalId":47545,"journal":{"name":"Growth and Change","volume":null,"pages":null},"PeriodicalIF":3.2,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/grow.12710","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139676555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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