Showing 1 - 10 of 85
Persistent link: https://www.econbiz.de/10001534213
In this paper, a Poisson gravity model is introduced that incorporates spatial dependence of the explained variable without relying on restrictive distributional assumptions of the underlying data generating process. The model comprises a spatially filtered component including the origin,...
Persistent link: https://www.econbiz.de/10014137088
The Cobb Douglas production function is a central element in economic growth theory and Microeconomics. Its popularity in economics stems from certain convenient mathematical properties. Some of these properties describe a set of (partial) differential equations. Although the Cobb Douglas...
Persistent link: https://www.econbiz.de/10013081065
Persistent link: https://www.econbiz.de/10003275547
This paper attempts to analyze the impact of knowledge and knowledge spillovers on regional total factor productivity (TFP) in Europe. Regional patent stocks are used as a proxy for knowledge, and TFP is measured in terms of a superlative index. We follow Fischer et. al (2008) by using a...
Persistent link: https://www.econbiz.de/10011541631
Classical spatial autoregressive models share the same weakness as the classical linear regression models, namely it is not possible to estimate non-linear relationships between the dependent and independent variables. In the case of classical linear regression a semi-parametric approach can be...
Persistent link: https://www.econbiz.de/10011527332
This paper presents a comparative assessment of two distinct urban growth modeling approaches. The first urban model uses a traditional Cellular Automata methodology, based on Markov transition chains to prospect probabilities of future urban change. Drawing forth from non-linear cell dynamics,...
Persistent link: https://www.econbiz.de/10011527334
In this paper an attempt is made to assess the hypothesis of re- gional club-convergence, using a spatial panel analysis combined with B-Splines. In this context, a 'convergence-club' is conceived as a group of regions that in the long-run move towards steady-state equilib- rium, approximated in...
Persistent link: https://www.econbiz.de/10011527336
Spatial Filter for spatial autoregressive models like the spatial Durbin Model have seen a great interest in the recent literature. Pace et al. (2011) show that the spatial filtering methods developed by Griffith (2000) have desireable estimation properties for some parameters associated with...
Persistent link: https://www.econbiz.de/10011507147