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An Empirical Study Of Productivity Growth In EU28 - Spatial Panel Analysis

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  • Olejnik Alicja

    (Ph.D., University of Lodz, Faculty of Economics and Sociology, Department of Spatial Econometrics)

Abstract

This paper investigates the spatial process of productivity growth in the European Union on the foundations of the theory of New Economic Geography. The proposed model is based on the study of NUTS 2 regions and takes into consideration a spatial weights matrix in order to better describe the structure of spatial dependence between EU regions. Furthermore, our paper attempts to investigate the applicability of some new approaches to spatial modelling including parameterization of the spatial weights matrix. Our study presents an application of the spatial panel model with fixed effects to Fingleton’s theoretical framework. We suggest that the applied approach constitutes an innovation to spatial econometric studies providing additional information hence, a deeper analysis of the investigated problem.

Suggested Citation

  • Olejnik Alicja, 2014. "An Empirical Study Of Productivity Growth In EU28 - Spatial Panel Analysis," Comparative Economic Research, Sciendo, vol. 17(4), pages 187-202, December.
    • Handle: RePEc:vrs:coecre:v:17:y:2014:i:4:p:187-202:n:12
    DOI: 10.2478/cer-2014-0040
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    References listed on IDEAS

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    1. Alicja Olejnik, 2008. "Using the spatial autoregressively distributed lag model in assessing the regional convergence of per‐capita income in the EU25," Papers in Regional Science, Wiley Blackwell, vol. 87(3), pages 371-384, August.
    2. Fischer, Manfred M. & Scherngell, Thomas & Reismann, Martin, 2008. "Knowledge spillovers and total factor productivity. Evidence using a spatial panel data model," MPRA Paper 77762, University Library of Munich, Germany.
    3. Bernard Fingleton (ed.), 2007. "New Directions in Economic Geography," Books, Edward Elgar Publishing, number 3818.
    4. Luisa Corrado & Bernard Fingleton, 2012. "Where Is The Economics In Spatial Econometrics?," Journal of Regional Science, Wiley Blackwell, vol. 52(2), pages 210-239, May.
    5. Redding, Stephen & Venables, Anthony J., 2004. "Economic geography and international inequality," Journal of International Economics, Elsevier, vol. 62(1), pages 53-82, January.
    6. Bernard Fingleton & Enrique López‐Bazo, 2006. "Empirical growth models with spatial effects," Papers in Regional Science, Wiley Blackwell, vol. 85(2), pages 177-198, June.
    7. Bernard Fingleton, 2006. "The new economic geography versus urban economics: an evaluation using local wage rates in Great Britain," Oxford Economic Papers, Oxford University Press, vol. 58(3), pages 501-530, July.
    8. Bernard Fingleton, 2003. "Increasing returns: evidence from local wage rates in Great Britain," Oxford Economic Papers, Oxford University Press, vol. 55(4), pages 716-739, October.
    9. Fingleton, B & McCombie, J S L, 1998. "Increasing Returns and Economic Growth: Some Evidence for Manufacturing from the European Union Regions," Oxford Economic Papers, Oxford University Press, vol. 50(1), pages 89-105, January.
    10. Bernard Fingleton, 2007. "A multi-equation spatial econometric model, with application to EU manufacturing productivity growth," Journal of Geographical Systems, Springer, vol. 9(2), pages 119-144, June.
    11. Bernard Fingleton & Philip McCann, 2007. "Sinking the Iceberg? On the Treatment of Transport Costs in New Economic Geography," Chapters, in: Bernard Fingleton (ed.), New Directions in Economic Geography, chapter 6, Edward Elgar Publishing.
    12. Bernard Fingleton, 2001. "Equilibrium and Economic Growth: Spatial Econometric Models and Simulations," Journal of Regional Science, Wiley Blackwell, vol. 41(1), pages 117-147, February.
    13. Bernard Fingleton, 2004. "Some alternative geo-economics for Europe's regions," Journal of Economic Geography, Oxford University Press, vol. 4(4), pages 389-420, August.
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    Cited by:

    1. Pietrzykowski Maciej, 2019. "Convergence in GDP per capita across the EU regions— spatial effects," Economics and Business Review, Sciendo, vol. 5(2), pages 64-85, June.

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