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Abreu, Maria; de Groot, Henri L.F.; Florax, Raymond J.G.M. - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10010325168

Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment

Leduc, Sylvain; Wilson, Daniel - National Bureau of Economic Research (NBER) - 2012

We examine the dynamic macroeconomic effects of public infrastructure investment both theoretically and empirically, using a novel data set we compiled on various highway spending measures. Relying on the institutional design of federal grant distributions among states, we construct a measure of...

Persistent link: https://www.econbiz.de/10011271401

Misspecification in Linear Spatial Regression Models

Florax, Raymond J.G.M.; Nijkamp, Peter - 2003

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

The Impact of Regional Absorptive Capacity on Spatial Knowledge Spillovers

Caragliu, Andrea; Nijkamp, Peter - 2008

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

Regional Population-Employment Dynamics across Different Sectors of the Economy

de Graaff, Thomas; van Oort, Frank G.; Florax, Raymond … - 2011

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

Spatial panel data estimation, counterfactual predictions, and local economic resilience among British towns in the Victorian era

Fingleton, Bernard; Palombi, Silvia - In: Regional Science and Urban Economics 43 (2013) 4, pp. 649-660

We explore the relative ability of local economies to retain their long-run growth dynamics when faced by the destabilizing effects of major shocks. Taking annual wage series for nineteen U.K. towns over the historical period 1871–1906, we fit a spatial panel data model to 1871–1890 data and...

Persistent link: https://www.econbiz.de/10010666084

Spatial econometric STAR models: Lagrange multiplier tests, Monte Carlo simulations and an empirical application

Pede, Valerien O.; Florax, Raymond J.G.M.; Lambert, … - In: Regional Science and Urban Economics 49 (2014) C, pp. 118-128

This paper investigates nonlinearity in parametric spatial process models that incorporate regime-switching by means of a smooth transition autoregressive process. We derive a Lagrange Multiplier (LM) test for nonlinearity as well as several joint LM tests for nonlinearity and the traditional...

Persistent link: https://www.econbiz.de/10011117432

Incentives and Outcomes: China's Environmental Policy

Deng, Yongheng; Morck, Randall; Wu, Jing; Huang, Jun; … - National Bureau of Economic Research (NBER) - 2013

In generating fast economic growth, China is also generating growing concern about its environmental record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation...

Persistent link: https://www.econbiz.de/10010950924

The productivity of transport infrastructure investment: A meta-analysis of empirical evidence

Melo, Patricia C.; Graham, Daniel J.; Brage-Ardao, Ruben - In: Regional Science and Urban Economics 43 (2013) 5, pp. 695-706

Investments in transport infrastructure have been widely used by decision makers to encourage economic growth, particularly during periods of economic downturn. There has been extensive research on the linkage between transport infrastructure and economic performance since the late 1980s,...

Persistent link: https://www.econbiz.de/10010703147

A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent

Abreu, Maria; de Groot, Henri L.F.; Florax, Raymond J.G.M. - 2005

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

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