Showing 1 - 10 of 221
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …
Persistent link: https://www.econbiz.de/10010325168
Spatial effects are endemic in models based on spatially referenced data. The increased awareness of the relevance of spatial interactions, spatial externalities and networking effects among actors, evoked the area of spatial econometrics. Spatial econometrics focuses on the specification and...
Persistent link: https://www.econbiz.de/10010325035
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10010325801
An important subset of the literature on agglomeration externalities hypothesizes thatintrasectoral and intersectoral relations are endogenously determined in models of localand regional economic growth. Remarkably, structural adjustment models describing thespatio-temporal dynamics of...
Persistent link: https://www.econbiz.de/10010326283
In this paper the authors assess the impact of structural funds on the per capita GDP and employment convergence … and convergence since each of the five objectives of regional support is studied and spatial effects are included in the … the appropriate conditional ß-convergence model. The impact of the funds and their spatial lag indicate few significant …
Persistent link: https://www.econbiz.de/10005673594
Drawing on a new and comprehensive measure of logistics quality, our gravity model suggests logistics in the exporting and partner-country can have an important impact on bilateral exports.  A one standard deviation improvement in the exporter's logistics quality, which for example would...
Persistent link: https://www.econbiz.de/10011004383
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10010325489
This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …
Persistent link: https://www.econbiz.de/10010605213
The paper provides an analysis of the convergence in selected macroeconomic fundamentals of several Central and East … aspects of economic transformation in the region. Convergence in macroeconomic fundamentals among the transition countries was … convergence. This finding is in line with neoclassical growth theory, which supports the occurrence of convergence among similar …
Persistent link: https://www.econbiz.de/10008549896
inequality in Italy.  More particularly, convergence in value added per capita across Italy's regions is tested (through both …
Persistent link: https://www.econbiz.de/10011004271