书目名称 | Economic Growth in the Regions of Europe |
副标题 | Theory and Empirical |
编辑 | Sascha Sardadvar |
视频video | |
概述 | Comprehensive discussion of the role of space in economic growth modelling A detailed derivation of the spatial growth model A direct transition of the theoretical model into a spatial econometric mod |
丛书名称 | Contributions to Economics |
图书封面 |  |
描述 | Although interest in spatial growth regressions has been growing in recent years, formal theoretical approaches that acknowledge the role of space in economic growth have been sparse. In particular in a regional context, the assumption of independent, non-interacting closed economies can lead to misinterpretations. This book fills the void by discussing neoclassical growth theory in a spatial context, in order to examine growth both theoretically and empirically in a system of N regional economies. A formal model is presented that allows for interregional fixed capital relocations, which are in turn determined by the economies’ relative locations in space. It is shown how initial endowments with human capital play a decisive role regarding the evolution of output, and how both convergence and divergence processes may occur. Using a spatial econometric model specification, the theoretical model is tested empirically for 255 European regions. |
出版日期 | Book 2011 |
关键词 | European Integration; Neoclassical Growth Model; Regional Economic Growth; Spatial Econometrics |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-7908-2637-1 |
isbn_softcover | 978-3-7908-2830-6 |
isbn_ebook | 978-3-7908-2637-1Series ISSN 1431-1933 Series E-ISSN 2197-7178 |
issn_series | 1431-1933 |
copyright | Springer-Verlag Berlin Heidelberg 2011 |