A spatial econometric approach to EU regional disparities between economic and geographical periphery
A conditional β-convergence model and a distance-based weight matrix are used to analyse the economic convergence among European NUTS-2 regions over the period 1980-2006. A Spatial Autoregressive Model which identifies two spatial regimes and spatial dependence finds that the convergence process amo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Bologna
2013-05-01
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| Series: | Statistica |
| Online Access: | http://rivista-statistica.unibo.it/article/view/3649 |
| Summary: | A conditional β-convergence model and a distance-based weight matrix are used to analyse the economic convergence among European NUTS-2 regions over the period 1980-2006. A Spatial Autoregressive Model which identifies two spatial regimes and spatial dependence finds that the convergence process among EU regions is affected by polarization into two clusters defined both on a geographical and economic criterion, which converge at different rates towards different steady states. This result confirms the hypothesis that a methodology which uses spatial econometric techniques is needed to model spatial effects, and that otherwise the estimates are likely to be inefficient or even biased. |
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| ISSN: | 0390-590X 1973-2201 |