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Alexiadis, Stilianos.
Convergence Clubs and Spatial Externalities Models and Applications of Regional Convergence in Europe / [electronic resource] : by Stilianos Alexiadis. - XIV, 244 p. 47 illus. online resource. - Advances in Spatial Science, The Regional Science Series, 1430-9602 .
Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 Conclusions -- Appendices -- References.
Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities.
9783642316265
Economics.
Geography.
Regional economics.
Economics/Management Science.
Regional/Spatial Science.
Economic Geography.
R & D/Technology Policy.
HT388 HD28-9999
338.9
Convergence Clubs and Spatial Externalities Models and Applications of Regional Convergence in Europe / [electronic resource] : by Stilianos Alexiadis. - XIV, 244 p. 47 illus. online resource. - Advances in Spatial Science, The Regional Science Series, 1430-9602 .
Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 Conclusions -- Appendices -- References.
Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities.
9783642316265
Economics.
Geography.
Regional economics.
Economics/Management Science.
Regional/Spatial Science.
Economic Geography.
R & D/Technology Policy.
HT388 HD28-9999
338.9