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The Unequal Pattern Of European Growth: A Regional-Based Semiparametric Analysis

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  • Rodríguez González, Daniel
  • Vence Deza, Xavier
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    Abstract

    The aim of this paper is to analyze the relationship between inequality and the equivalent disposable income available at a regional level and to contrast the type of relationship between two variables in the developed world in the context of a standard neoclassical growth model. In this paper we will estimate a panel data model using the method of OLS fixed effects, and also analyze the possible existence of spatial autocorrelation in the model and the need for implementation of spatial models. A novel contribution is estimated by a semiparametric analysis, which allows conditional no Relational function. Semiparametric analysis, unlike the nonparametric analysis, allows the introduction of other variables by a linear function defined as the initial inequality, population density, employment in various sectors (industry mix), transfers, etc. This application of the semiparametric analysis is a relevant contribution to the study, since it is still a novel technique for the study of inequality.

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    Bibliographic Info

    Article provided by University of Santiago de Compostela. Faculty of Economics and Business. in its journal Revista Galega de Economía.

    Volume (Year): 22 (2013)
    Issue (Month): ex ()
    Pages:

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    Handle: RePEc:sdo:regaec:v:22:y:2013:i:ex_2

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    Postal: Avda Xoan XXIII S/N, 15704 Santiago de Compostela
    Web page: http://www.usc.es/econo/RGE/benvidag.htm
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    Related research

    Keywords: Inequality / Income / European regions / Kuznets’ curve / Semiparametric analysis;

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