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The speed of income convergence in Europe remains one of the hot topics in regional economics. Recently Bayesian Model …., Feldkircher, M. (2012), 'Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe', Journal of Applied …
Persistent link: https://www.econbiz.de/10011509195
Persistent link: https://www.econbiz.de/10011879315
The relationship between economic structure and productivity growth has been a subject of increasing interest over recent decades. The innovative focus of this paper concerns the role of the service sector in this relationship at a regional level. Services play a core role in advanced economies,...
Persistent link: https://www.econbiz.de/10012654183
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in … with reality of empirical dynamics. The two-club spatial error convergence model with groupwise heteroskedasticity is found … data provide much support for unconditional ß-convergence in Europe. The second is that the usual convergence conclusions …
Persistent link: https://www.econbiz.de/10010297367
By studying the interaction between social capital and decentralization, we show that political decentralization can be a source of divergence across heterogeneous regions. In particular, we claim that since the local endowments of social capital display their effect on the economy mainly...
Persistent link: https://www.econbiz.de/10009757366
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This paper explores the contribution of knowledge capital to total factor productivity differences among regions within a regression framework. The dependent variable is total factor productivity, defined as output (in terms of gross value added) per unit of labour and physical capital combined,...
Persistent link: https://www.econbiz.de/10012707732
This paper presents a theoretical growth model that extends the Mankiw-Romer-Weil [MRW] model by accounting for technological interdependence among regional economies. Interdependence is assumed to work through spatial externalities caused by disembodied knowledge diffusion. The transition from...
Persistent link: https://www.econbiz.de/10014209753
convergence of GDP per worker observed across the European regions, in the absence of data on regional TFP. Second, the spatial … regional convergence in Europe. As for the first issue, our aim is to assess whether the convergence observed across European … regions is due to convergence in technology as well as to convergence in capital-labour ratios. We first develop a growth …
Persistent link: https://www.econbiz.de/10011608798
Persistent link: https://www.econbiz.de/10000826630