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growth theory predicts income convergence among economies (countries or regions within a country), and that beta …
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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...
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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. …
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