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dc.contributor.authorAldashev, Alisheren_US
dc.date.accessioned2012-02-10en_US
dc.date.accessioned2012-05-09T10:02:41Z-
dc.date.available2012-05-09T10:02:41Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57802-
dc.description.abstractThe paper analyzes unequal regional development in Kazakhstan. Applying the nonlinear least squares method in presence of spatial correlation we estimate the convergence rate of wages across Kazakh regions for the period 2003-2009. The estimated convergence rate is about 3% which is somewhat higher than estimates obtained for the USA and Europe. At the same time there is slight divergence in the GRP per capita. It is argued that convergence in wages which coincides with divergence in the per capita GRP is consistent with the endogenous growth model where profit maximizing firms choose the capital intensity of the technology. This implies that the inequality between regions will only exacerbate and the central government may wish to invest more in low-growth regions to alleviate disproportional development.en_US
dc.language.isoengen_US
dc.publisherOsteuropa-Inst. Regensburgen_US
dc.relation.ispartofseriesArbeiten aus dem Osteuropa-Institut Regensburg, Arbeitsbereich Wirtschaft, Migration und Integration 307en_US
dc.subject.jelO47en_US
dc.subject.jelP25en_US
dc.subject.jelP23en_US
dc.subject.ddc330en_US
dc.subject.keywordconvergenceen_US
dc.subject.keywordendogenous growthen_US
dc.subject.keywordKazakhstanen_US
dc.subject.keywordcapital intensive technologyen_US
dc.subject.keywordnonlinear least squaresen_US
dc.subject.keywordspatial correlationen_US
dc.subject.stwRegionale Entwicklungen_US
dc.subject.stwRegionales Wachstumen_US
dc.subject.stwEntwicklungskonvergenzen_US
dc.subject.stwLohnen_US
dc.subject.stwSozialprodukten_US
dc.subject.stwNeue Wachstumstheorieen_US
dc.subject.stwSchätzungen_US
dc.subject.stwRegionale Disparitäten_US
dc.subject.stwKasachstanen_US
dc.titleConverging wages, diverging GRP: Directed technical change and endogenous growth. Empirical analysis of growth patterns across Kazakh regionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn685076512en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Osteuropa-Institut Regensburg / München (OEI)

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