Cuaresma, Jesús Crespo; Feldkircher, Martin - Oesterreichische Nationalbank - 2010
income convergence across 255 NUTS-2 European regions for the period from 1995 to 2005. We show that the choice of a spatial … parameters attached to the model covariates. We also show that estimates of the speed of income convergence across European … account this dimension of model uncertainty, the posterior distribution of the speed of convergence parameter has a large …