Showing 1 - 10 of 10
We show in this paper that spatial dependence and spatial heterogeneity matter in the estimation of the b-convergence … dependence and spatial heterogeneity in the form of structural instability across spatial convergence clubs. The estimation of … the appropriate spatial regimes spatial error model shows that the convergence process is different across regimes. We …
Persistent link: https://www.econbiz.de/10005556337
The study of regional income convergence continues to attract enormous attention. Recent emphasis has been placed on … a comprehensive overview of empirical studies of regional convergence and divergence, summarizing the existing body of …
Persistent link: https://www.econbiz.de/10005118991
to the concepts of ƒã- and ƒÒ-convergence and emphasizes the importance of including spatial effects and a disaggregated … analysis at a sectoral level. We detect a significant -convergence only in aggregate labor productivity and in the services … sectors among peripheral regions. We also show that omitting spatial effects leads to biased measures of -convergence. We then …
Persistent link: https://www.econbiz.de/10005119010
This paper estimates the impact of structural funds on the convergence process between 145 European regions over 1989 …, we first apply spatial econometrics on a conditional beta-convergence model; second, we simulate their impact on the …
Persistent link: https://www.econbiz.de/10005119023
Persistent link: https://www.econbiz.de/10005119029
Prediction is difficult. In this paper we use panel data methods to make reasonably accurate shortterm ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...
Persistent link: https://www.econbiz.de/10008692872
This paper is concerned with methods for analysing spatial data. After initial discussion on the nature of spatial data, including the concept of randomness, we focus most of our attention on linear regression models that involve interactions between agents across space. The introduction of...
Persistent link: https://www.econbiz.de/10010886177
The paper incorporates house prices within an NEG framework leading to the spatialdistributions of wages, prices and income. The model assumes that all expenditure goes tofirms under a monopolistic competition market structure, that labour efficiency units areappropriate, and that spatial...
Persistent link: https://www.econbiz.de/10005037483
This paper brings together a number of new specification search strategies in spatial econometric modeling. In the literature, experimental results for several forward stepwise strategies aimed at remedying spatial dependence, have been reported. Essentially, these strategies boil down to the...
Persistent link: https://www.econbiz.de/10005119054
In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and did find that housing construction was dependant from income, population and sensitive to location. Nevertheless we couldn<92>t find the extent of this sensitivity in such a...</92>
Persistent link: https://www.econbiz.de/10005119161