Semi-Parametric Spatial Auto-Covariance Models Of Regional Growth In Europe
We propose a semi-parametric spatial auto-covariance specification of the growth model to examine the growth behaviour of European regions in the period 1988-2000. This specification simultaneously takes account of the problems of non-linearities and spatial dependence. We obtain two main results. First, there is a trade-off between the identification of non-linearities and the estimation of the spatial parameters. Second, even when controlling for spatial dependence, there is evidence of strong non-linearity between regional growth and its predictors. In particular, the relation between growth and unemployment is negative but not globally linear: regions with an unemployment rate over a certain threshold appear to be 'locked' within an 'underdevelopment trap' with similar lower growth rates.
Volume (Year): 21 (2005)
Issue (Month): ()
|Contact details of provider:|| Web page: http://regionetdeveloppement.org/|
More information through EDIRC
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.:
- Costas Azariadis & Allan Drazen, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 501-526.
- Ramon Moreno & Bharat Trehan, 1997.
"Location and the growth of nations,"
Working Papers in Applied Economic Theory
97-02, Federal Reserve Bank of San Francisco.
- Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
- Galor, Oded, 1996.
"Convergence? Inferences from Theoretical Models,"
Royal Economic Society, vol. 106(437), pages 1056-1069, July.
- Roberto Basile & Sergio De Nardis & Alessandro Girardi, 2003. "Dinamiche di sviluppo nel centro e nella periferia d'Europa: il ruolo delle politiche strutturali," Rivista di Politica Economica, SIPI Spa, vol. 93(4), pages 89-134, July-Augu.
- Durlauf, S.N. & Johnson, P.A., 1994.
"Multiple Regimes and Cross-Country Growth Behavior,"
9419, Wisconsin Madison - Social Systems.
- Durlauf, Steven N & Johnson, Paul A, 1995. "Multiple Regimes and Cross-Country Growth Behaviour," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 10(4), pages 365-384, Oct.-Dec..
- Durlauf, S.M. & Johnson, P.A., 1995. "Multiple Regimes and Cross-Country Growth Behavior," Working papers 9419r, Wisconsin Madison - Social Systems.
- Mauro, Luciano & Carmeci, Gaetano, 2003. "Long run growth and investment in education: Does unemployment matter?," Journal of Macroeconomics, Elsevier, vol. 25(1), pages 123-137, March.
- Liu, Zhenjuan & Stengos, Thanasis, 1999. "Non-linearities in Cross-Country Growth Regressions: A Semiparametric Approach," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(5), pages 527-538, Sept.-Oct.
- Henderson, Daniel J. & Ullah, Aman, 2005. "A nonparametric random effects estimator," Economics Letters, Elsevier, vol. 88(3), pages 403-407, September.
- Catherine Baumont & Cem Ertur & Julie Le Gallo, 2003. "Spatial Convergence Clubs and the European Growth Process, 1980-1995," Post-Print halshs-00250290, HAL.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 107(2), pages 407-437.
- BAUMONT, Catherine & ERTUR, Cem & LE GALLO, Julie, 2001. "A Spatial Econometric Analysis of Geographic Spillovers and Growth for European Regions, 1980-1995," LATEC - Document de travail - Economie (1991-2003) 2001-04, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
- R. Paci & F. Pigliaru, 1997.
"European regional growth: do sectors matter?,"
Working Paper CRENoS
199703, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Philippe Aghion & Peter Howitt, 1994.
"Growth and Unemployment,"
Review of Economic Studies,
Oxford University Press, vol. 61(3), pages 477-494.
- Magrini, Stefano, 2004. "Regional (di)convergence," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 62, pages 2741-2796 Elsevier.
- Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, 07.
When requesting a correction, please mention this item's handle: RePEc:tou:journl:v:21:y:2005:p:93-118. 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: (Christophe Van Huffel)
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.