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/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional … Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 …Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of …
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This paper estimates the aggregate productivity effects of Marshallian externalities generated by foreign direct … externalities and other intra- and inter-regional spillovers generated by domestic firms. The productivity effects of these … externalities may, if not accounted for appropriately, be falsely attributed to FDI. This paper also deals with the potential …
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