Growth and Spatial Dependence in Europe

Wilfried Koch ()

No 2006-02, LEG - Document de travail - Economie from LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne

Abstract: Recent theoretical and empirical work generally often focus on the interdependence of nations and regions underlying that the economy of one country or region is not independent of the economies of others. However, these models generally ignores the impact of location and neighborhood in explaining growth. This paper presents an augmented Solow model that includes spatial externalities and spatial interdependence among economies. I obtain a spatial econometric reduce form which allows testing the effects of the rate of saving, the rate of population growth and the location on income per capita and on the conditional convergence process in Europe.

Keywords: Solow growth model; technological interdependence,; spatial externalities; spatial dependence; regional disparities (search for similar items in EconPapers)
JEL-codes: C31 O4 R11 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2006-04
New Economics Papers: this item is included in nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:lat:legeco:2006-02

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