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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...
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This paper explores the contribution of knowledge capital to total factor productivity differences among regions within a regression framework. We provide an econometric derivation of the relationship and show that the presence of latent/unobservable regional knowledge capital leads to a model...
Persistent link: https://www.econbiz.de/10013137858
Spatial interaction models of the gravity type are used in conjunction with sample data on flows between origin and destination locations to analyse international and interregional trade, commodity, migration and commuting patterns. The focus is on the classical log-normal model version and...
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The focus here is on the log-normal version of the spatial interaction model. In this context, we consider spatial econometric specifications that can be used to accommodate two types of dependence scenarios, one involving endogenous interaction and the other exogenous interaction. These model...
Persistent link: https://www.econbiz.de/10013055890
Spatial interaction models of the gravity type are widely used to describe origin-destination flows. They draw attention to three types of variables to explain variation in spatial interactions across geographic space: variables that characterize the origin region of interaction, variables that...
Persistent link: https://www.econbiz.de/10012965646