On regional growth convergence in Great Britain
Henley A. (2005) On regional growth convergence in Great Britain, Regional Studies 39 , 1245-1260. This paper examines recent sub-regional output data for Great Britain to identify possible economic convergence. It concludes that sub-regional data are subject to substantial spatial autocorrelation. Conventional estimates of 'beta' convergence are subject to misspecification bias if spatial autocorrelation is not taken into account. Unconditional models fail to find any evidence for economic convergence - indeed, the most recent data point to significant economic divergence. Conditional models, controlling for region-specific steady-states and the influence of human capital accumulation, provide estimates closer to the 'stylized fact' of 2% per annum convergence. A further conclusion is that the use of regional price deflators may affect rates of convergence estimates. Spatial autocorrelation suggests that growth 'hot spots' can influence surrounding areas positively, but that poor economic performance in lagging areas may also have wider regional impacts.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 39 (2005)
Issue (Month): 9 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/CRES20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/CRES20|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ian R. Gordon & Paul C. Cheshire, 1998. "original: Territorial competition: Some lessons for policy," The Annals of Regional Science, Springer, vol. 32(3), pages 321-346.
- Mankiw, N Gregory & Romer, David & Weil, David N, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 107(2), pages 407-37, May.
- Moreno, Ramon & Trehan, Bharat, 1997.
" Location and the Growth of Nations,"
Journal of Economic Growth,
Springer, vol. 2(4), pages 399-418, December.
- Helmut Hofer & Andreas Worgotter, 1997. "Regional Per Capita Income Convergence in Austria," Regional Studies, Taylor & Francis Journals, vol. 31(1), pages 1-12.
- Conley, Timothy G & Ligon, Ethan, 2002. " Economic Distance and Cross-Country Spillovers," Journal of Economic Growth, Springer, vol. 7(2), pages 157-87, June.
- Cashin, Paul, 1995.
"Economic Growth and Convergence across the Seven Colonies of Australasia: 1861-1991,"
The Economic Record,
The Economic Society of Australia, vol. 71(213), pages 132-44, June.
- Cashin, P.A., 1993. "Economic Growth and Convergence Across the Seven Colonies of Australia: 1861-1991," Papers 688, Yale - Economic Growth Center.
- Button, Kenneth J & Pentecost, Eric J, 1995. "Testing for Convergence of the EU Regional Economies," Economic Inquiry, Western Economic Association International, vol. 33(4), pages 664-71, October.
When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:39:y:2005:i:9:p:1245-1260. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.