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Discussion on the possibilities for and barriers to income convergence and catch-up growth is at the heart of the debate on European regional economic policy. This study presents an empirical analysis of the determinants of regional productivity growth in Europe, using the most recent Cambridge...
Persistent link: https://www.econbiz.de/10011555673
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP convergence and the traditional neoclassical-type of convergence. We analyse a sample of 199 European regions between 1985 and 2006 and find the absence of an overall process of TFP...
Persistent link: https://www.econbiz.de/10012581708
The process of European integration has introduced a valuable empirical example on the impact of economic integration on income convergence. Many empirical papers confirm the income convergence within the new member states and between the new and old members. At the same time it is found that...
Persistent link: https://www.econbiz.de/10011575252
Persistent link: https://www.econbiz.de/10011401227
Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...
Persistent link: https://www.econbiz.de/10011516485
In this paper an attempt is made to assess the hypothesis of re- gional club-convergence, using a spatial panel analysis combined with B-Splines. In this context, a 'convergence-club' is conceived as a group of regions that in the long-run move towards steady-state equilib- rium, approximated in...
Persistent link: https://www.econbiz.de/10011527336
The economic convergence among European regions over the period 1980-2006 is analysed in the first place by using a conditional β-convergence model and a distance-based weight matrix and secondarily by a spatially-conditioned stochastic kernel approach. A Spatial Autoregressive model which...
Persistent link: https://www.econbiz.de/10011535867
Accumulation of education and geographic concentration of educated people in cities are expected to generate urban income growth. New economic geography predicts income divergence across regions. We investigate the dynamic process of accumulating tertiary education and regional income growth in...
Persistent link: https://www.econbiz.de/10011548140
on border theory. Thus, the present study, following an interdisciplinary approach, compiles a spatial econometrics … regions, having important implications for both theory and policy-making. …
Persistent link: https://www.econbiz.de/10011555101
It is quite common in convergence analyses across regions that data exhibit strong spatial dependence. While the literature adopting the regression approach is now fully aware that neglecting this feature may lead to inaccurate results and has therefore suggested a number of statistical tools...
Persistent link: https://www.econbiz.de/10011477542