Regional convergence and spatial dependence: a worldwide perspective
Marcos Sanso-Navarro (),
María Vera-Cabello and
Additional contact information
Marcos Sanso-Navarro: Universidad de Zaragoza
María Vera-Cabello: Centro Universitario de la Defensa de Zaragoza
Miguel Puente-Ajovín: Universidad de Zaragoza
The Annals of Regional Science, 2020, vol. 65, issue 1, No 7, 147-177
Abstract This paper incorporates technological interdependence into a neoclassical regional growth framework with imperfect factor mobility, leading to a convergence equation with spatial effects. The empirical analysis is based on the estimation of a spatial Durbin panel data model and the implementation of multiple imputation techniques. Our results show that taking into account both unobserved heterogeneity and spatial dependence increases the estimated regional convergence rate. This provides an explanation for puzzling findings in the related literature. We also obtain evidence of heterogeneity across country groups regarding the regional speed of convergence and the degree of diffusion of technology.
JEL-codes: C23 O47 R11 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s00168-020-00978-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:anresc:v:65:y:2020:i:1:d:10.1007_s00168-020-00978-4
Ordering information: This journal article can be ordered from
Access Statistics for this article
The Annals of Regional Science is currently edited by Martin Andersson, E. Kim and Janet E. Kohlhase
More articles in The Annals of Regional Science from Springer, Western Regional Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().