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European Regional Convergence in a Human Capital Augmented Solow Model

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dc.creator Eckey, Hans-Friedrich
dc.creator Dreger, Christian
dc.creator Türck, Matthias
dc.date 2006
dc.date.accessioned 2013-10-16T07:00:26Z
dc.date.available 2013-10-16T07:00:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18524
dc.identifier ppn:519882601
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18524
dc.description In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3.5 percent towards regional steady states. Furthermore, a geographically weighted regression approach indicates a wide variation in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK. Clusters of convergence can be identified, where regions with high convergence also have high initial income levels.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 631
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject O47
dc.subject R15
dc.subject C21
dc.subject R11
dc.subject ddc:330
dc.subject Solow model
dc.subject regional convergence
dc.subject spatial lags
dc.subject spatial filtering
dc.title European Regional Convergence in a Human Capital Augmented Solow Model
dc.type doc-type:workingPaper


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