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Space and growth
Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10011342567
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Schumpeterian growth with technological interdependence : an application to US states
Deeken, Tim - 2015
In this paper, the Schumpeterian growth model developed by Ertur and Koch (2011) that includes spatial interactions between units of observation working via R&D spillovers is presented in detail. The implications of this model and three additional growth models with and without spatial...
Persistent link: https://www.econbiz.de/10011379935
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Regional fiscal equalization in Germany : a simultaneous equation approach to assess the economic effects of fiscal policy
Eberle, Jonathan - 2019
Regional fiscal equalization in Germany aims to reduce fiscal disparities by allocating financial resources to less promising regions in order to support the supply of public goods. This paper aims to analyse secondary economic effects of regional fiscal equalization on several economic in- and...
Persistent link: https://www.econbiz.de/10011981106
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The role of fiscal transfers for regional economic convergence in Europe
Checherita-Westphal, Cristina; Nickel, Christiane; … - 2009
-capita output convergence across a large sample of European regions during the period 1995-2005. We find that net fiscal transfers …. -- Fiscal policy, convergence ; regional economic growth ; regional migration …
Persistent link: https://www.econbiz.de/10003832335
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Sectoral diversification as insurance against economic instability
Kluge, Jan - 2015
This paper examines the extent to which sectoral diversification can act as an insurance mechanism against fluctuations in regional gross value added growth rates. I apply portfolio theory to the growth-instability properties of German districts. Furthermore, I define a comprehensive...
Persistent link: https://www.econbiz.de/10011340174
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Cross-sectional space-time modeling using ARNN(p, n) processes
Kakamu, Kazuhiko; Polasek, Wolfgang - 2007
We suggest a new class of cross-sectional space-time models based on local AR models and nearest neighbors using distances between observations. For the estimation we use a tightness prior for prediction of regional GDP forecasts. We extend the model to the model with exogenous variable model...
Persistent link: https://www.econbiz.de/10010294016
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Interpretation of structural parameters for models with spatial autoregression
Pietrzak, Michał Bernard - 2013
The main purpose of the article is to consider a important issue of spatial econometrics which is a proper interpretation of structural parameters of econometric models with spatial autoregression. The problem will be considered based on the example of the spatial SAR model. Another purpose of...
Persistent link: https://www.econbiz.de/10011997008
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Is spatial bootstrapping a panacea for valid inference?
Klarl, Torben - 2013
Bootstrapping methods have so far been rarely used to evaluate spatial data sets. Based on an extensive Monte Carlo study we find that also for spatial, cross-sectional data, the wild bootstrap test proposed by Davidson and Flachaire (2008) based on restricted residuals clearly outperforms...
Persistent link: https://www.econbiz.de/10010239512
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Economic growth and convergence during the transition to production using automation capital
Dujava, Daniel; Lábaj, Martin - 2019
industrial robots replace low-skilled labour. We show that this has potential non-linear effects on σ-convergence and that the …
Persistent link: https://www.econbiz.de/10012125628
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South-North convergence from a new perspective
Hübler, Michael - 2013
-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …
Persistent link: https://www.econbiz.de/10010204037