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REGIONAL CONVERGENCE
(2)
answer(s).
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1
ID:
166990
Effectiveness of European energy policy on the Italian system: Regional evidences from a hierarchical cluster analysis approach
/ Arbolino, Roberta
Arbolino, Roberta
Journal Article
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Summary/Abstract
By now, the importance of renewable energies is consolidated for the promotion of more and more green systems. Although this issue has become one of the cornerstones of the European Union and of each members States, evaluating the effectiveness of the applied environmental policies still results difficult. The basic aim of the paper is to propose an innovative approach for ex post monitoring of the actions carried out by Italian regions. By using both a multivariate technique and a classic convergence analysis, we set out to test in an original way whether the Italian regions realized in a successful way the environmental policies established by European Union (EU) in the energy sector. The results obtained highlight the existence of several improvements between 2008 and 2015, mainly in Southern regions, historically recognized as the less dynamic ones. Moreover, by using a panel data model we are able to offer useful suggestions about the financial allocation among the several typologies of renewable for reducing pollutants.
Key Words
Renewable Energy
;
Policy Assessment
;
Regional Convergence
;
Italian Energy System
;
Hierarchical Cluster Analysis
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2
ID:
164726
High‐speed rail and urban economic growth in China after the global financial crisis
/ Yao, Shujie; Zhang, Fan ; Wang, Feng ; Jinghua Ou
Yao, Shujie
Journal Article
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Summary/Abstract
High‐speed rail (HSR) has been an important driver of China's economic expansion over the last decade. Using data of 285 prefecture‐level cities over 2010–2014, this paper proposes an endogenous economic growth model to explain how and why HSR may have propelled China's economic growth by reducing the time‐space between cities. The research results show that HSR has a potent effect on urban economic growth and regional convergence. Ceteris paribus, HSR appears to have accelerated economic growth by more than 0.6 percent and the pace of regional economic convergence by approximately 2 percent per annum over the data period. Our research findings have important policy implications for the sustainability of China's economic development, backed by HSR.
Key Words
China
;
Economic Growth
;
High - Speed Rail
;
Regional Convergence
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