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predictors of future GDP growth. These findings shed light on the determinants of regional convergence patterns. … growth. However, they do not account for intra-national spatial heterogeneity, even when regions, and not only countries …
Persistent link: https://www.econbiz.de/10012055398
growth. This uneven development is overlapped with significant disparities in terms of productive specialization, which does … not seem to be a coincidence. This paper deals with the debate of regional convergence/divergence in the Eurozone …, combining both issues. First of all, it analyzes the evolution of economic growth in the regions of the Eurozone in the period …
Persistent link: https://www.econbiz.de/10011096889
predictors of future GDP growth. These findings shed light on the determinants of regional convergence patterns. … growth. However, they do not account for intra-national spatial heterogeneity, even when regions, and not only countries …
Persistent link: https://www.econbiz.de/10012030312
Mankiw, Romer, and Weil (1992) model. Indeed, the international distribution of income levels and growth rates suggests the … statistical inference, but also for revaluating the impact of the variables generally considered as crucial in the growth … phenomenon and finding the processes underlying growth rates and income levels. / L'objectif de cet article est d'analyser les …
Persistent link: https://www.econbiz.de/10005750963
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial … heterogeneity and spatial spillover effects. The spatial regimes model allows for different steady-state growth paths. In contrast … effects of interaction among neighbouring regions, possibly leading to a spatial dependence of regional growth rates. We check …
Persistent link: https://www.econbiz.de/10010295468
This paper deals with the development of regional income disparities and convergence processes in the countries of the … the period 1995 - 2003. We use the two classical concepts of s – and ß-convergence. Furthermore, spatial econometric … factors. Particularly, national growth rates in the new member states have been dominated by very dynamic metropolitan areas …
Persistent link: https://www.econbiz.de/10010295545
This paper deals with the development of disparities in regional per capita GDP and convergence processes in the … inequality in order to show the development of between- and within-country disparities. Secondly, we conduct a formal Ø-convergence … centre of Europe. However, the convergence process has been driven mainly by national factors. In the course of this process …
Persistent link: https://www.econbiz.de/10010305511
The aim of our analysis is the evaluation of the total and sectoral convergence of labour productivity between 182 … adopt a β- and σ-convergence approach along with a methodology based on Getis' spatial filters that allows decomposing … avoid i) omitted variables and/or problems of bias and/or inconsistency of coefficients in growth regressions, ii) bias in …
Persistent link: https://www.econbiz.de/10011340812
Using sigma and beta convergence methods, this study tests economic convergence in Turkish NUTS-2 regions between 2004 …-2011. The findings of sigma convergence analysis show that the interregional income gap decreases during economic recession … periods and increases during economic expansion periods. The beta convergence results obtained by the cross-sectional and …
Persistent link: https://www.econbiz.de/10012610972
between actors is fundamental for understanding property markets as well as the growth of regions. In both cases, neighbors … and neighboring markets may stimulate or hamper growth of values. From a modeling point of view, these interdependencies … as well as in a comparative regional growth analysis. <p> In the first paper, we estimate hedonic prices in the market …
Persistent link: https://www.econbiz.de/10005424027