scholarly journals Lightning, IT Diffusion and Economic Growth Across US States

Author(s):  
Thomas Barnebeck Andersen ◽  
Jeanet Bentzen ◽  
Carl-Johan Lars Dalgaard ◽  
Pablo Selaya
2012 ◽  
Vol 94 (4) ◽  
pp. 903-924 ◽  
Author(s):  
Thomas Barnebeck Andersen ◽  
Jeanet Bentzen ◽  
Carl-Johan Dalgaard ◽  
Pablo Selaya
Keyword(s):  

Significance If there is a recession, it will affect both the country at large and its constituent 50 states. US states are not permitted to run budget deficits, and this makes them vulnerable to economic downturns. Some commentators see a recession within two years and if so, the next fiscal year (October-September) could possibly be the last year of the current economic growth period. Impacts Legalisation of marijuana will be viewed by some states as a path to new revenues and spending. Some states will seek more revenue from sports betting and casinos, but both markets could constrain each other. Medicaid spending is growing, and it will consume a larger share of states’ budgets.


2009 ◽  
Vol 16 (13) ◽  
pp. 1307-1312 ◽  
Author(s):  
Steven Deller ◽  
James C. McConnon
Keyword(s):  

2018 ◽  
Author(s):  
Frédéric Docquier ◽  
Riccardo Turati ◽  
Jérôme Valette ◽  
Chrysovalantis Vasilakis

Author(s):  
Frédéric Docquier ◽  
Riccardo Turati ◽  
Jérôme Valette ◽  
Chrysovalantis Vasilakis

Abstract This paper empirically investigates the impact of birthplace diversity on economic growth. We use panel data on US states over the 1960–2010 period. This rich data set allows us to better deal with endogeneity issues and to conduct a large set of robustness checks. Our results suggest that diversity among college-educated immigrants positively affects economic growth. We provide converging evidence pointing at the existence of skill complementarities between workers trained in different countries. These synergies result in better labor market outcomes for native workers and in higher productivity in the R&D sector. The gains from diversity are maximized when immigrants originate from economically or culturally distant countries (but not both), and when they acquired part of their secondary education abroad and their college education in the USA. Overall, a 10% increase in high-skilled diversity raises GDP per capita by about 6%. On the contrary, low-skilled diversity has insignificant effects.


2001 ◽  
Vol 45 (4-6) ◽  
pp. 919-927 ◽  
Author(s):  
Paul A Johnson ◽  
Lisa N Takeyama

10.28945/2507 ◽  
2002 ◽  
Author(s):  
Carmen Joham

This research explores the argument that developing countries (DC) need effective and good quality C&IT policies as a strategy for socio-economic growth. It focuses on Venezuela and attempts to gain an understanding of the current and potential impact of national C&IT policies and strategies in the C&IT diffusion process and globalisation arena. It is suggested that a shift is needed towards a wider concept of policy design. The traditional design reflects a rather ‘prescriptive’ approach, while I propose that a ‘participatory’ approach, which encompasses social, political, technical, ethical and other issues, is both necessary and desirable for effective policies to exist. A multiple perspective interpretative methodology is used in order to understand the complexities of effective C&IT policies in Venezuela to attract C&IT investment and achieve socio-economic growth. Consequently, the study of C&IT policy is based on an approach that emphasises a multiple level of analysis encompassing the levels of the individual, society, organisation, and technology.


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