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The objective of this study is to identify knowledge spillovers that spread across regions in Europe and vary in magnitude for different industries. The study uses a panel of 203 NUTS-2 regions covering the 15 pre-2004 EU-member-states to estimate the impact over the period 1998-2003, and...
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This paper focuses on Austrian outbound foreign direct investment (FDI, measured by sales of Austrian affiliates abroad) in Europe over the period 2009–2013, using a spatial Durbin panel data model specification with fixed effects, and a spatial weight matrix based on the first-order...
Persistent link: https://www.econbiz.de/10012965651
Belgium -- Denmark -- Eire -- France -- Germany -- Greece -- Italy -- Luxembourg -- The Netherlands -- Portugal -- Spain -- Indexes -- Alphabetical index to companies throughout the EC -- Alphabetical index to companies within each country of the EC -- Business activity index.
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Although it is agreed that the dual development of monetary integration and territorial enlargement are likely to generate profound effects on European spatial structure, in both West and East, much uncertainty centres around the question of what changes will be brought about. This book furthers...
Persistent link: https://www.econbiz.de/10013519912
The speed of income convergence in Europe remains one of the hot topics in regional economics. Recently Bayesian Model Averaging (BMA) applied to spatial autoregressive models seems to have gained more popularity. BMA averages over some predetermined number of so called top models, ranked by the...
Persistent link: https://www.econbiz.de/10011509195
The focus of this study is on regional knowledge production activities in Europe, with special emphasis on the interplay between agglomeration and network effects. As increasingly considered in economic geography and regional science in the recent past, regional knowledge production activities,...
Persistent link: https://www.econbiz.de/10011515648
This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first step calculates Bayesian probabilities for various assignments of regions to two clubs using a general stochastic space-time dynamic panel relationship between growth rates and...
Persistent link: https://www.econbiz.de/10011685263