Convergence Clubs and Spatial Externalities
ISBN:
978-3-642-31625-8
Auflage:
2013
Verlag:
Springer Berlin
Land des Verlags:
Deutschland
Erscheinungsdatum:
26.09.2012
Reihe:
Advances in Spatial Science
Format:
Hardcover
Seitenanzahl:
246
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Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities.
Biografische Anmerkung
Stilianos Alexiadis is researcher in the Ministry of Rural Development & Foods of Greece, Department of Agricultural Policy & Documentation. He received a PhD from Manchester Metropolitan University and published extensively on topics of regional growth, technology and convergence.
