This study suggests a two-step approach to identifying and interpreting regional convergence clubs in Europe. The first step involves identifying the number and composition of clubs using a space-time panel data model for annual income growth rates in conjunction with Bayesian model comparison...

We develop an empirical approach to examine static and dynamic knowledge externalities in the context of a regional total factor productivity relationship. Static externalities refer to current period scale or industry-size effects which have been labeled localization externalities or...

Spatial interaction models represent a class of models that are used for modelling origin-destination flow data. The focus of this paper is on the log-normal version of the model. In this context, we consider spatial econometric specifications that can be used to accommodate two types of...