Convergence Clubs and Spatial Externalities [electronic resource] : Models and Applications of Regional Convergence in Europe / by Stilianos Alexiadis.

Por: Alexiadis, Stilianos [author.]Tipo de material: TextoTextoSeries Advances in Spatial Science, The Regional Science SeriesEditor: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013Descripción: XIV, 246 p. online resourceTipo de contenido: text Tipo de medio: computer Tipo de portador: online resourceISBN: 9783642316265Trabajos contenidos: SpringerLink (Online service)Tema(s): Economics | Geography | Regional economics | Economics/Management Science | Regional/Spatial Science | Economic Geography | R & D/Technology PolicyFormatos físicos adicionales: Sin títuloClasificación CDD: 338.9 Clasificación LoC:HT388HD28-9999Recursos en línea: de clik aquí para ver el libro electrónico
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Springer eBooksResumen: 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.
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Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 Conclusions -- Appendices -- References.

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.

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