Economic Growth in the Regions of Europe Theory and Empirical Evidence from a Spatial Growth Model /

• Main Author: Sardadvar, Sascha (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD, 2011.
• Series: Contributions to Economics, 1
• Subjects: European Economic Community literature.; Economic growth.; Regional economics.; Spatial economics.; Economics.; Regional/Spatial Science.; Economic Growth.; European Integration.

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 mis...

Table of Contents:

• 1 Introduction
• Part I: Theory of Economic Growth
• 2 Neoclassical Growth Theory and Standard Models
• 3 Growth Models with Spatial Externalities
• 4 Convergence: Theory and Evidence
• Part II: A Model of Regional Growth
• 5 Remarks on Regional Growth
• 6 Structure of the Model
• 7 Evolution of Factors and Output
• 8 Implications for Output Growth
• Part IV: Empirics
• 9 Regions, Variables and Data
• 10 Spatial Econometric Specification and Estimation
• 11 Testing the Theoretical Model
• Summary.