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Time series and spatial interaction: An alternative method to detect converging clusters

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  • Stilianos Alexiadis
  • Matthias Koch

    ()

  • Tamás Krisztin

    ()

Abstract

In this paper an attempt is made to assess the hypothesis of re- gional club-convergence, using a spatial panel analysis combined with B-Splines. In this context, a ‘convergence-club’ is conceived as a group of regions that in the long-run move towards steady-state equilib- rium, approximated in terms of the average per-capita income. Using data for the US states over the period 1929-2005, a pattern of club- convergence is detected. The ’cluster’ of converging states is rather limited and a strong spatial component is detected.

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Bibliographic Info

Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa11p1678.

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Date of creation: Sep 2011
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Handle: RePEc:wiw:wiwrsa:ersa11p1678

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  7. S. Alexiadis & J. Tomkins, 2004. "Convergence clubs in the regions of Greece," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 11(6), pages 387-391.
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  15. Aki Kangasharju, 1999. "Relative Economic Performance in Finland: Regional Convergence, 1934-1993," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 33(3), pages 207-217.
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