Showing 1 - 10 of 20
Spatial modeling of economic phenomena requires the adoption of complex econometric tools, which allow us to deal with important methodological issues, such as spatial dependence, spatial unobserved heterogeneity and nonlinearities. In this paper we describe some recently developed econometric...
Persistent link: https://www.econbiz.de/10011077513
convergence. The observed dynamics can be only marginally explained by nonlinear effects in the accumulation of physical capital …
Persistent link: https://www.econbiz.de/10005481427
evidence of convergence. With a modified estimator with variable bandwidth and mean-bias correction, the dominant income …
Persistent link: https://www.econbiz.de/10005449505
heterogeneity and of omitted variables and, thus, to properly investigate the regional convergence process within the country …
Persistent link: https://www.econbiz.de/10014055389
We propose a semi-parametric spatial auto-covariance specification of the growth model to examine the growth behaviour of European regions in the period 1988-2000. This specification simultaneously takes account of the problems of non-linearities and spatial dependence. We obtain two main...
Persistent link: https://www.econbiz.de/10014069990
Using data for the European regions at NUTS-2 level, we test the predictions of a microfounded Schumpeterian growth model with technological interdependence recently developed by Ertur and Koch (2011, EK11). Spatial interdependence is identified by means ofa semiparametric geoadditive spatial...
Persistent link: https://www.econbiz.de/10011143868
Persistent link: https://www.econbiz.de/10010486663
This paper addresses two important methodological issues in the analysis of industrial location: spatial dependence and nonlinearities. To this end, we estimate a semi-parametric spatial autoregressive negative binomial model using data on the number of inward greenfield FDI occurred over the...
Persistent link: https://www.econbiz.de/10008632863
Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we reject the assumption of parameter homogeneity across geographical units in measuring risk sharing. The estimated regional-specific...
Persistent link: https://www.econbiz.de/10008602830
Persistent link: https://www.econbiz.de/10003796568