THE UNEQUAL PATTERN OF EUROPEAN GROWTH: A REGIONAL-BASED SEMIPARAMETRIC ANALYSIS

Daniel Rodríguez González and Xavier Vence Deza
Authors registered in the RePEc Author Service: Xavier Vence-Deza ()

Revista Galega de Economía, 2013, vol. 22, issue ex

Abstract: The aim of this paper is to analyze the relationship between inequality and the equivalent disposable income available at a regional level and to contrast the type of relationship between two variables in the developed world in the context of a standard neoclassical growth model. In this paper we will estimate a panel data model using the method of OLS fixed effects, and also analyze the possible existence of spatial autocorrelation in the model and the need for implementation of spatial models. A novel contribution is estimated by a semiparametric analysis, which allows conditional no Relational function. Semiparametric analysis, unlike the nonparametric analysis, allows the introduction of other variables by a linear function defined as the initial inequality, population density, employment in various sectors (industry mix), transfers, etc. This application of the semiparametric analysis is a relevant contribution to the study, since it is still a novel technique for the study of inequality.

Keywords: Inequality; /; Income; /; European; regions; /; Kuznets’; curve; /; Semiparametric; analysis (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sdo:regaec:v:22:y:2013:i:ex_2

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