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This paper examines the empirical relationship between agglomeration and economic growth for a panel of 48 Central and Eastern European regions from 1995 to 2006. By agglomeration, we mean the within-regional concentration of aggregate economic activity, which we measure using the 'topographic'...
Persistent link: https://www.econbiz.de/10011506442
regional convergence (or divergence) too. The aim of the paper is to study both the localization of R&D investments and … the presence of spatial correlation. Furthermore, we evaluate convergence or divergence in income growth and if it is … per capita GDP and per capita R&D investment. It follows the convergence analysis and conclusions. To study the spatial …
Persistent link: https://www.econbiz.de/10011481737
This paper contributes to the recent literature in spatial econometrics that focuses on space-time data modeling implementing a multi-location time-series statistical framework to analyze a regional system. Therefore, taking as a point of departure the Global Vector Autoregression approach...
Persistent link: https://www.econbiz.de/10011616934
within a regional convergence model. It focuses on vertically connected industrial sectors, which can emerge parallel to … while taking regional convergence into consideration. In addition to the all-German process of convergence and the specific … opportunity to explain deficits within the process of East-West convergence. The relative absence of industrial clusters in East …
Persistent link: https://www.econbiz.de/10012209009
obtained. It is demonstrated that convergence is pronounced between regions that are far away from each other while there is no … convergence between neighbor regions. Third, it is shown how the conditional o-convergence approach can be extended to other …
Persistent link: https://www.econbiz.de/10011570758
distribution dynamics approach in order to analyse the role of some variables in the convergence of productivity across European … regions over the period 1980-2002. We find that the initial productivity crucially accounts in the convergence process across … statistically significant only for the least productive regions. The output composition of a region in 1980 affects the convergence …
Persistent link: https://www.econbiz.de/10012608072
Theoretical approaches have been developed to examine the effect of agglomeration on growth. However, the understanding of the mechanisms of agglomeration in developing countries remains unaddressed. This paper aims to give empirical evidence of the role of agglomeration on the growth of Latin...
Persistent link: https://www.econbiz.de/10011480257
"Development" isn't only an economic notion but also it consist of so many meanings such as social, cultural manners, production and consumption ways. During the development process, development units could be growth in vary times and space. At this point what has to be told, which sector and...
Persistent link: https://www.econbiz.de/10011487841
The aim of this paper is to assess the role played by creativity and other components of human capital on the process of economic growth for 257 regions in the 27 member countries of the European Union. We first decompose the regional human capital endowment to distinguish between the...
Persistent link: https://www.econbiz.de/10011516047
which regional development originates from the (un)balance between convergence, driven by diminishing returns and divergence …
Persistent link: https://www.econbiz.de/10011516485