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Using sigma and beta convergence methods, this study tests economic convergence in Turkish NUTS-2 regions between 2004-2011. The findings of sigma convergence analysis show that the interregional income gap decreases during economic recession periods and increases during economic expansion...
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Mathematical Appendix -- B.l Proof that the Bias of an OLS Estimation in the Presence of Spatial Autocorrelation is Biased -- B.2 … investigate this puzzle. A formal model, merging approaches from growth theory and new economic geography, shows that spatial …
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