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This paper investigates the main determinants of economic growth in the European Union from a regional perspective. The … period 2002-2008. In addition to the traditional determinants of regional growth (such as investment, human capital … developments, innovation and infrastructure endowment), the growth analysis accounts for spatial effects related to the existence …
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Structures" (GRW) on regional economic growth. The paper extends the existing literature by several aspects. First of all, using … the popular augmented Solow model by Mankiw et al. (1992) as starting point, we develop an enhanced growth model by … within a dynamic spatial panel framework on the level of the 402 German small scale regions before. We use a detailed dataset …
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step involves identifying the number and composition of clubs using a space-time panel data model for annual income growth …This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first … rates in conjunction with Bayesian model comparison methods. A second step uses a Bayesian space-time panel data model to …
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-time dynamic panel relationship between growth rates and initial levels of income as well as endowments of physical, knowledge and …This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first … step uses the club assignments in a dynamic space-time panel data model to assess long-run dynamic direct and spillover …
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