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This study applies a distribution dynamics approach to examining the evolution of average earnings of UK counties. An analysis of both transition probability matrices and stochastic kernels suggests considerable persistence in the overall distribution rather than economic convergence. However,...
Persistent link: https://www.econbiz.de/10005435228
This article presents evidence from an empirical study of employment growth across 203 sub-regions of Great Britain using OLS and maximum likelihood spatial econometric techniques. The results suggest a positive relationship between diversity and local employment growth implying that...
Persistent link: https://www.econbiz.de/10005435470
Cameron and Muellbauer (Economic Journal, 110, pp. 412-19, 2000) have convincingly argued that problems in the methods used to compile UK Regional Accounts data have resulted in a misleading picture of regional differentials and σ convergence. This short paper extends their analysis to a wider...
Persistent link: https://www.econbiz.de/10005467987