This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

. (1992) approach to identify the role played by knowledge externalities in growth and convergence. To assess robustness of …

of these effects in a growth equation may downward bias the estimated rate of convergence by assingning the effect of … regional externalities to the convergence parameter. We propose the use of spatial econometrics techniques to test and estimate …

previous estimates. Further, this new evidence is used to analyze the evolution of regional inequality and convergence in the … feature in the regional distribution of output. Therefore, in the long run no evidence of regional convergence in the Spanish …