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Convergence Clubs and Spatial Externalities: Models and Applications of Regional Convergence in Europe

Convergence Clubs and Spatial Externalities: Models and Applications of Regional Convergence in Europe
Kataloginformation
Feldname Details
Vorliegende Sprache eng
Hinweise auf parallele Ausgaben 373326750 Buchausg. u.d.T.: ‡Alexiadis, Stilianos: Convergence clubs and spatial externalities
ISBN 978-3-642-31625-8
Name Alexiadis, Stilianos
T I T E L Convergence Clubs and Spatial Externalities
Zusatz zum Titel Models and Applications of Regional Convergence in Europe
Verlagsort Berlin ; Heidelberg
Verlag Springer
Erscheinungsjahr 2013
2013
Umfang Online-Ressource (XIV, 244 p. 47 illus, digital)
Reihe Advances in Spatial Science, The Regional Science Series
Notiz / Fußnoten Description based upon print version of record
Weiterer Inhalt Convergence Clubs and Spatial Externalities; Models and Applications of RegionalConvergence in Europe; Preface; Contents; List of Figures; List of Tables; Chapter 1: Introduction; 1.1 The Overall Context; 1.2 Major Aims of this Study; 1.3 Major Themes and Theoretical Context; 1.4 Structure of the Study; Chapter 2: Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence; 2.1 Introduction; 2.2 The Neoclassical Approach to Regional Growth; 2.2.1 The Microeconomic Framework; 2.2.2 Regional Growth in the `One-Sector´ Neoclassical Model. 2.2.3 Inputs to Production in the Neoclassical Model2.2.4 Steady-state Equilibrium in the Neoclassical Model; 2.2.5 Transitional Dynamics of the Neoclassical Model; 2.2.6 Steady-state Equilibrium with Technological Progress; 2.2.7 The Speed of Convergence; 2.2.8 Regional Convergence and Interregional Factor Movements; 2.3 Alternative Formulations of the Neoclassical Model; 2.3.1 Regional Growth in the `Two-sector´ Neoclassical Model; 2.3.2 Growth in the `Augmented´ Solow´s Model; 2.4 Post-Keynesian Regional Growth; 2.4.1 An Overview of the Concept of Cumulative Causation; 2.4.2 `Growth Poles´. 2.4.3 Cumulative Causation: Internal and External Economies2.4.4 A (post)-Keynesian Approach to Regional Growth; 2.5 Conclusions; Chapter 3: `Endogenous Growth Theory´ and `New Economic Geography´; 3.1 Introduction; 3.2 `One-Sector´ Models of Endogenous Growth; 3.2.1 `AK´ Models of Endogenous Growth; 3.2.2 Externalities; 3.2.3 Endogenous Growth with Spillover Effects; 3.2.4 Dynamic Spatial Externalities; 3.3 `New Economic Geography´; 3.4 `Two-sector´ Endogenous Growth; 3.5 Endogenous Growth Models: Convergence or Divergence?; 3.5.1 Convergence in the `One-sector´ Endogenous Growth Models. 3.5.2 The `Technological Gap´ Model3.6 Conclusions; Chapter 4: Club Convergence; 4.1 Introduction; 4.2 `Club Convergence´: An Empirical Fact; 4.3 Club Convergence in the Neoclassical Model; 4.3.1 Multiple Equilibria and Club Convergence; 4.3.2 Club Convergence: Permanent or Transitory?; 4.3.3 Threshold Externalities and Multiple Equilibria; 4.4 Club Convergence: Technology Diffusion and the Technological Gap; 4.5 A Simple Model of Club Convergence; 4.6 Conclusions; Chapter 5: Empirical Measures of Regional Convergence; 5.1 Introduction. 5.2 Measurement of sigma-Convergence and Empirical Applications5.3 Absolute beta-Convergence; 5.3.1 The Measurement of beta-Convergence; 5.3.2 Absolute beta-convergence at the Regional Level; 5.4 Conditional and Spatial Convergence; 5.4.1 Empirical Tests for Conditional Convergence; 5.4.2 Spatial Dependence and Regional Convergence; 5.5 Club Convergence: Empirical Tests; 5.5.1 Club Convergence tests: Baumol and Wolff (1988); 5.5.2 Club Convergence Tests: Chatterji (1992); 5.5.3 Club Convergence: Empirical Evidence; 5.5.4 Cross-Section Analysis: Implications for Convergence. 5.6 Time-Series or Stochastic Convergence Tests
Titelhinweis Buchausg. u.d.T.: ‡Alexiadis, Stilianos: Convergence clubs and spatial externalities
ISBN ISBN 978-3-642-31626-5
Klassifikation GTB
KCP
BUS067000
338.9
HT388
HD28-9999
Kurzbeschreibung 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
2. Kurzbeschreibung 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.
1. Schlagwortkette Europäische Union
Regionales Wirtschaftswachstum
Endogenes Wirtschaftswachstum
Konvergenz
Agglomerationseffekt
Neue ökonomische Geografie
SWB-Titel-Idn 373501145
Signatur Springer E-Book
Bemerkungen Elektronischer Volltext - Campuslizenz
Elektronische Adresse $uhttp://dx.doi.org/10.1007/978-3-642-31626-5
Internetseite / Link Volltext
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