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This paper investigates the main determinants of economic growth in the European Union from a regional perspective. The analysis is based on a recently available dataset from the European Cluster Observatory covering 253 European regions over the period 2002-2008. In addition to the traditional...
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factor mobility, leading to a convergence equation with spatial effects. The empirical analysis is based on the estimation of …
Persistent link: https://www.econbiz.de/10012853434
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Regions and industries are not isolated islands; so, when evaluating productivity growth, regional and sectoral growth paths should not be expected to generate independently. Moreover, accounting for spatial interactions via econometric models has become normal practice; but modelling...
Persistent link: https://www.econbiz.de/10015073307
This book bridges the gap between economic theory and spatial econometric techniques. It is accessible to those with only a basic statistical background and no prior knowledge of spatial econometric methods. It provides a comprehensive treatment of the topic, motivating the reader with examples...
Persistent link: https://www.econbiz.de/10013520536
The panel data analysis points to economic and social factors contributing to NOx, PM2.5, PM10, SO2, and VOCs in China … significant and positive spatial autocorrelation with respect to environment, economy and energy, and the high spatial correlation … reaches of the Yellow River Economic Belt. The empirical estimation is performed through spatial lag and spatial Durbin models …
Persistent link: https://www.econbiz.de/10014030779
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This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised as follows. In the pre-2008 crisis period, no...
Persistent link: https://www.econbiz.de/10012953892
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate (industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised as follows. In the pre-2008 crisis period, no...
Persistent link: https://www.econbiz.de/10012955893