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Analysis of ß-Convergence. From Traditional Cross-Section Model to Dynamic Panel Model

Author

Listed:
  • Joanna Gorna

    (Nicolaus Copernicus University in Torun)

  • Karolina Gorna

    (Nicolaus Copernicus University in Torun)

  • Elzbieta Szulc

    (Nicolaus Copernicus University in Torun)

Abstract

The aim of the paper is to discuss the course of development of methodology of economic convergence analyses, which points up the necessity of taking into consideration spatial connections among regions in regional growth models. It presents empirical models of ß-convergence concerning the economic growth of European regions using various methodological conceptions. In the paper the models offered by spatial econometrics are recommended. The empirical data refer to per capita GDP across the European Union regions at a NUTS-2 level over the period 1995–2009 (annual data).

Suggested Citation

  • Joanna Gorna & Karolina Gorna & Elzbieta Szulc, 2013. "Analysis of ß-Convergence. From Traditional Cross-Section Model to Dynamic Panel Model," Dynamic Econometric Models, Uniwersytet Mikolaja Kopernika, vol. 13, pages 127-144.
    • Handle: RePEc:cpn:umkdem:v:13:y:2013:p:127-144
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    References listed on IDEAS

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    More about this item

    Keywords

    economic convergence; spatial effects; connectivity matrix; spatial panel models.;
    All these keywords.

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection

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