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In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10010260988
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10010266913
This paper investigates how the services of public capital affect the different sectors of private economy in Italy. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free input. This approach allows to measure the effects of...
Persistent link: https://www.econbiz.de/10011496189
Econometric analysis of convergence processes across countries or regions usually refers to a transition period between an arbitrary chosen starting year and a fictitious steady state. Panel unit root tests and panel cointegration techniques have proved to belong to powerful econometric tools if...
Persistent link: https://www.econbiz.de/10010295394
This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in 1995 to 2000 and, moreover, relaxes the assumption of a single steady-state growth path which appears to be out of tune with reality of empirical dynamics. The two-club spatial...
Persistent link: https://www.econbiz.de/10010297367
This paper presents a discussion on several econometric models for estimating parametric models in the presence of spatial dependence with cross-section data. Initially, we cover models for spatial dependence with spatial lags of the response variable and spatial lags of the residues, and...
Persistent link: https://www.econbiz.de/10010330488
Estimation and inference in the spatial econometrics literature are carried out assuming that the matrix of spatial or network connections has uniformly bounded absolute column sums in the number of cross-section units, n. In this paper, we consider spatial models where this restriction is...
Persistent link: https://www.econbiz.de/10012018254
In this paper we determine the effect of transport cost on commuting flows, on the basis of an analysis of home-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the distance-decay function. It appears that neither an...
Persistent link: https://www.econbiz.de/10010325561
Imagine a region suffering from a widening income gap that becomes eligible for a generous transfer programme (the treatment). Imagine difference-in-differences analysis (DD) - a before-and-after comparison of the income-level difference - shows that the handicap has risen. Most observers would...
Persistent link: https://www.econbiz.de/10011798182
In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications...
Persistent link: https://www.econbiz.de/10004963803