Showing 1 - 10 of 41
The stochastic frontier model was first proposed in the context of production function estimation to account for the effect of technical inefficiency. The inefficiency causes actual output to fall below the potential level (that is, the production frontier) and also raises production cost above...
Persistent link: https://www.econbiz.de/10009025317
The aim of this paper is to present a further contribution, with panel data, to the analysis of absolute convergence ( and ), associated with the neoclassical theory, and conditional, associated with endogenous growth theory, of the sectoral productivity at regional level. Presenting some...
Persistent link: https://www.econbiz.de/10009203640
The aim of this paper is to analyze the consequences of spatial dependence on regional growth and the convergence process. Based on a sample of 92 European regions over the 1980-1995 period, we show that the unconditional ?-convergence model is misspecified due to the presence of spatial...
Persistent link: https://www.econbiz.de/10011020060
This paper goes beyond simple contiguity in order to estimate the diffusion of spatial growth. It includes factors such us distance, communications infrastructure or population in the spatial weights matrix associated to a ?-convergence regression. Spatial interactions are explained principally...
Persistent link: https://www.econbiz.de/10011020148
This paper deals with the development of disparities in regional per capita GDP and convergence processes in the enlarged EU. A cross-section of 861 regions is analysed for the period from 1995 to 2003. Firstly, we apply Theil's index of inequality in order to show the development of between-...
Persistent link: https://www.econbiz.de/10009211052
La concentration des revenus et de la croissance économique dans l'espace a suscité une littérature abondante sur les effets de débordements et les liens entre localités voisines. Dans ce papier, nous étudions le processus de croissance d'un large échantillon de municipalités...
Persistent link: https://www.econbiz.de/10008670510
Reducing economic discrepancies among the regions of the European Union is of constant concern for economic debates and analyses. This is the reason why convergence represents a crucial issue of intense research since the early 1990s. Although valuable progress has been achieved with respect to...
Persistent link: https://www.econbiz.de/10010735735
Clustering of economic performance and growth in space has generated considerable research on the spillovers and linkages among geographical neighbours. In this paper, we study the growth process of a large sample of Brazilian municipalities for the period 1970-1996 and attempt to evaluate the...
Persistent link: https://www.econbiz.de/10010707128
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level in Greece. Using a new database of public expenditure per region for the period 1978-2007, it proposes a model which captures not just the impact of public investment in Greek...
Persistent link: https://www.econbiz.de/10011084166
We apply spatial econometric techniques to models of state and local fiscal policy convergence. Our work extends the work of Scully and Annala in much the same way that Rey and Montouri extended the literature on income convergence among U.S. states. Our results indicate that most fiscal...
Persistent link: https://www.econbiz.de/10011135572