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The speed of income convergence in Europe remains one of the hot topics in regional economics. Recently Bayesian Model …., Feldkircher, M. (2012), 'Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe', Journal of Applied …
Persistent link: https://www.econbiz.de/10011509195
Persistent link: https://www.econbiz.de/10011879315
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in … with reality of empirical dynamics. The two-club spatial error convergence model with groupwise heteroskedasticity is found … data provide much support for unconditional ß-convergence in Europe. The second is that the usual convergence conclusions …
Persistent link: https://www.econbiz.de/10010297367
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10010296348
Persistent link: https://www.econbiz.de/10010361567
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10010260880
This paper explores the contribution of knowledge capital to total factor productivity differences among regions within a regression framework. The dependent variable is total factor productivity, defined as output (in terms of gross value added) per unit of labour and physical capital combined,...
Persistent link: https://www.econbiz.de/10012707732
research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence … estimation, Markov chain analysis and cross-sectional regressions provide evidence that convergence of regional per-capita income …
Persistent link: https://www.econbiz.de/10009216840
This paper presents a theoretical growth model that extends the Mankiw-Romer-Weil [MRW] model by accounting for technological interdependence among regional economies. Interdependence is assumed to work through spatial externalities caused by disembodied knowledge diffusion. The transition from...
Persistent link: https://www.econbiz.de/10014209753