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Analysing the Impact of Public Capital Stock Using the NEG Wage Equation: A Panel Data Approach
Fingleton, Bernard; Gómez-Antonio, Miguel - Spatial Economics Research Centre, LSE - 2009
This paper examines the relationship between the level of public infrastructure and the level of productivity using panel data for the Spanish provinces over the period 1984-2004, a period which is particularly relevant due to the substantial changes occurring in the Spanish economy at that...
Persistent link: https://www.econbiz.de/10005037471
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European regional convergence in a human capital augmented Solow model
Eckey, Hans-Friedrich (contributor);  … - 2006
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional … control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3 … in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK …
Persistent link: https://www.econbiz.de/10003387127
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Predicting the Geography of House Prices
Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2010
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
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Simulating Wages and House Prices Using the NEG
Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2009
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
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Where is the Economics in Spatial Econometrics?
Corrado, Luisa; Fingleton, Bernard - Spatial Economics Research Centre, LSE - 2011
Spatial econometrics has been criticized by some economists because some model specifications have been driven by data-analytic considerations rather than having a firm foundation in economic theory. In particular this applies to the so-called W matrix, which is integral to the structure of...
Persistent link: https://www.econbiz.de/10008867519
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European regional convergence in a human capital augmented Solow model
Eckey, Hans-Friedrich; Dreger, Christian; Türck, Matthias - 2006
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional … control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3 … in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK …
Persistent link: https://www.econbiz.de/10010266913