Baumont, Catherine; Ertur, Cem; Gallo, Julie Le - In: Revue d'économie régionale et urbaine avril (2002) 2, pp. 203-216
The aim of this paper is to analyze the consequences of spatial dependence on regional growth and the convergence process. Based on a sample of 92 European regions over the 1980-1995 period, we show that the unconditional ?-convergence model is misspecified due to the presence of spatial...