Showing 1 - 10 of 19
Abstract A spatial vector autoregressive model (SpVAR) is defined as a VAR which includes spatial as well as temporal lags among a vector of stationary state variables. SpVARs may contain disturbances that are spatially as well as temporally correlated. Although the structural parameters are not...
Persistent link: https://www.econbiz.de/10005495714
Abstract Spanish internal migration has long been resistant to traditional economic explanations. However, this paper examines the data for the period 1999–2006 after considerable changes in the Spanish economy. Moreover, it examines migration at the disaggregated level of Spanish provinces...
Persistent link: https://www.econbiz.de/10004966865
Abstract The spatial Durbin model occupies an interesting position in the field of spatial econometrics. It is the reduced form of a model with cross-sectional dependence in the errors and it may be used as the nesting equation in a more general approach of model selection. Specifically, in this...
Persistent link: https://www.econbiz.de/10009226600
Abstract In this paper, we make multi-step forecasts of the annual growth rates of the real GDP for each of the 16 German Länder simultaneously. We apply dynamic panel models accounting for spatial dependence between regional GDP. We find that both pooling and accounting for spatial effects...
Persistent link: https://www.econbiz.de/10005495706
Abstract The aim of this paper is to show how the spatial autocorrelation phenomenon often observed in the world distribution of income per capita, can be introduced structurally as the outcome of spillovers effects into a development accounting equation. Neglecting spatial autocorrelation...
Persistent link: https://www.econbiz.de/10009226597
Abstract This paper investigates the sensitivity of hedonic models of house prices to the spatial interpolation of measures of air quality. We consider three aspects of this question: the interpolation technique used, the inclusion of air quality as a continuous vs discrete variable in the...
Persistent link: https://www.econbiz.de/10005495693
Abstract In many spatial applications, agents make discrete choices (e.g. operating or product-line decisions), and applied researchers need econometric techniques that enable them to model such situations. Unfortunately, however, most discrete-choice estimators are invalid when variables and/or...
Persistent link: https://www.econbiz.de/10005495697
Abstract Regional convergence of German labour markets represents a politically important question. Different studies have examined convergence processes in Germany. We derive equations to estimate the speed of convergence on the basis of an extended Solow model. The technique of geographically...
Persistent link: https://www.econbiz.de/10005495707
Abstract Here we attempt to advance the understanding of the impact of co-locative factors on regional innovation performance. The objectives are to answer what role co-location plays in explaining differences in regional innovation performance and what methodological improvements can compensate...
Persistent link: https://www.econbiz.de/10005495708
Abstract This paper sheds empirical light on the relationship between agglomeration and economic growth and its impact on the convergence hypothesis. Using a sample of 208 European regions over 25 years, ‘standard’ growth regressions are estimated using panel data techniques. Both the effect...
Persistent link: https://www.econbiz.de/10005495713