Showing 1 - 10 of 39
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
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
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
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10010325577
Finding proper policy instruments to promote productivity growth features prominently on the Lisbon agenda and is central in many national as well as European policy debates. In view of the increased mobility of high-skilled workers in Europe, ongoing globalization and increased interregional...
Persistent link: https://www.econbiz.de/10010325817
, based on the factor productivity and efficiency measures, the study discusses the existence of technological convergence …
Persistent link: https://www.econbiz.de/10008599649