Testing convergence of European regions: A semiparametric approach
We provide a reappraisal of income convergence across European regions over the last two decades by using a semiparametric partially linear model to approximate the relationship between the average growth rate of GDP per capita and the initial GDP per capita. Estimation results point out both country heterogeneity and non-linearity in the convergence process. The findings suggest that low income regions, in particular those from new adhesion countries, diverge while medium income regions converge and that there is no evidence of convergence for high income regions.
Year of publication: |
2011
|
---|---|
Authors: | Azomahou, Théophile T. ; El ouardighi, Jalal ; Nguyen-Van, Phu ; Pham, Thi Kim Cuong |
Published in: |
Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 28.2011, 3, p. 1202-1210
|
Publisher: |
Elsevier |
Keywords: | Convergence Heterogeneity Non-linearity Kernel estimator European regions |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Estimation semi-paramétrique de la convergence des régions européennes
Azomahou, Théophile, (2006)
-
Convergence of European regions : a reappraisal
Azomahou, Théophile, (2010)
-
Testing convergence of European regions : a semiparametric approach
Azomahou, Théophile, (2011)
- More ...