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of technology shocks when analyzing spatial convergence among regions.Specifically, it is argued that a systems approach … initial income per capita and that of its subsequent average growth rate. Moreover, the estimated speed of convergence is … convergence. -- spatial beta-convergence ; spatial solow model ; spatial systems maximum likelihood estimation ; European regions …
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regions, we find evidence for conditional convergence with speed around two percent. The convergence process between countries … is dominated by the catching up process of regions in Central and Eastern Europe (CEE), whereas convergence within …
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and (iii) inside the respective PIIGS regions furthermore between coastal and non-coastal regions. -- convergence ; growth …
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experiencing net immigration, while lagging regions experience higher speeds of income convergence. As a result, migration … increases sigma-convergence. Results show an increase of more than one third. Free movement of persons also proves to increase … efficiency, displayed by higher average convergence speeds. …
Persistent link: https://www.econbiz.de/10011289932
income convergence across 255 NUTS-2 European regions for the period 1995-2005. We show that the choice of a spatial weight … attached to the model covariates. We also show that estimates of the speed of income convergence across European regions depend … of model uncertainty, the posterior distribution of the speed of convergence parameter appears bimodal, with a large …
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