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Convergence across regional economies has spurred one of the most debatable issues in contemporary research in economics. In this paper we seek to address the question of whether, during the period 1995-2004 the NUTS-2 regions of EU-26 exhibited a tendency to converge in terms of agricultural...
Persistent link: https://www.econbiz.de/10008546761
This paper reports an attempt to investigate the extent of club-convergence amongst the prefectures of Greece during the time period 1980-2005. A model is developed in an attempt to assess the impact of agglomerations and regional capacities on the innovation and adoption of technology....
Persistent link: https://www.econbiz.de/10008469911
Verdoorn's Law implies that the process of growth is a cumulative one with the "manufacturing advanced" economies growing at the expense of their "less-advanced" counterparts. This paper tests a range of conventional and spatial specifications of Verdoorn's Law across the Greek regions. The...
Persistent link: https://www.econbiz.de/10005750100
Using ‘search’ theory, technology adoption is conceived of as a critical factor in the aftermath of a technological shock, which increases employment in the leading sectors and total output in the economy. These implications are further investigated in the present paper, both formally and...
Persistent link: https://www.econbiz.de/10010738036
Although the importance of technology adoption has been acknowledged, nevertheless, at a more general level, a critical question arises: how do the overall infrastructure conditions affect the absorptive ability of a regional economy? This question can be stated alternatively as: what are the...
Persistent link: https://www.econbiz.de/10010658725
Although the importance of technology adoption has been acknowledged, nevertheless, at a more general level, a critical question arises: how do the overall infrastructure conditions affect the absorptive ability of a regional economy? This question can be stated alternatively as: what are the...
Persistent link: https://www.econbiz.de/10010659316
Persistent link: https://www.econbiz.de/10010713367
A variation of an Error-Correction-Model is applied across the regions of Greece to examine the behaviour of regional unemployment. Allowing for multiple equilibria, this variation is able to pinpoint regional groupings with similar tendencies in the evolution of unemployment. The results have...
Persistent link: https://www.econbiz.de/10008680624
Although there have been numerous studies on regional convergence, agriculture has received far less attention. In this study, the intention is to augment the existing literature by testing for convergence in agricultural productivity among the EU-26 regions. A low rate of absolute convergence...
Persistent link: https://www.econbiz.de/10011097954
Persistent link: https://www.econbiz.de/10011204216