A spatial model of the Keynesian theory for Portugal
With this work we try to present a spatial model for Portugal based on the Keynesian theory. We built the model analysing, through cross-section estimation methods, the influence of spatial effects in productivity in the NUTs III economic sectors of mainland Portugal from 1995 to 1999 and from 2000 to 2005, considering the Verdoorn relationship. Bearing in mind the results of estimations, it can been that the effects of spatial spillovers, spatial lags and spatial error, influence the Verdoorn relationship when it is applied to the economic sectors of Portuguese regions.
|Date of creation:||2011|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Florax, Raymond J. G. M. & Folmer, Hendrik & Rey, Sergio J., 2003.
"Specification searches in spatial econometrics: the relevance of Hendry's methodology,"
Regional Science and Urban Economics,
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- Raymond J.G.M. Florax & Hendrik Folmer & Sergio J. Rey, 2002. "Specification Searches in Spatial Econometrics: The Relevance of Hendry's Methodology," Urban/Regional 0202001, EconWPA.
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- Badi H. Baltagi & Seuck Heun Song & Won Koh, 2002. "Testing Panel Data Regression Models with Spatial Error Correlation," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 B6-4, International Conferences on Panel Data.
- Anselin, Luc & Bera, Anil K. & Florax, Raymond & Yoon, Mann J., 1996. "Simple diagnostic tests for spatial dependence," Regional Science and Urban Economics, Elsevier, vol. 26(1), pages 77-104, February.
- Bera, Anil K. & Yoon, Mann J., 1993. "Specification Testing with Locally Misspecified Alternatives," Econometric Theory, Cambridge University Press, vol. 9(04), pages 649-658, August.
- Anselin, Luc, 2002. "Under the hood Issues in the specification and interpretation of spatial regression models," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 27(3), November. Full references (including those not matched with items on IDEAS)
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