EconPapers    
Economics at your fingertips  
 

European Urban Growth: now for some problems of spaceless and weightless econometrics

Stefano Magrini () and Paul Cheshire ()

No 2006_23, Working Papers from Department of Economics, University of Venice "Ca' Foscari"

Abstract: This paper investigates growth differences in the urban system of the EU12 for a data set relating to Functional Urban Regions comparing the results of �artisanal� methods of model selection with those obtained using general to specific model selection with PcGets. The artisanal approach tests hypotheses relating to the role of human capital, EU integration and fragmentation of urban government. The paper also explores issues of spatial dependence and mechanisms of spatial interaction. Using PcGets as suggested by Hendry and Krolzig (2004) to optimise model selection we find that while PcGets provides a powerful tool for model selection when applied to cross sectional data, caution is necessary to ensure that variables relating to spatial adjustment processes are included and spatial dependence is avoided. More generally, not only do the results provide consistent estimates of parameters but they also support relevant theoretical insights. Finally careful testing for spatial dependence reveals that national borders are still significant barriers to adjustment within the EU.

Keywords: Growth, Cities, Spatial Dependence, Local Public Goods, Human Capital; EU Integration (search for similar items in EconPapers)
JEL-codes: H41 H73 O18 R11 R50 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.unive.it/pag/fileadmin/user_upload/dipa ... re_Magrini_23_06.pdf First version, 2006 (application/pdf)

Related works:
Working Paper: European Urban Growth: Now for Some Problems of Spaceless and Weightless Econometrics (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ven:wpaper:2006_23

Access Statistics for this paper

More papers in Working Papers from Department of Economics, University of Venice "Ca' Foscari" Contact information at EDIRC.
Bibliographic data for series maintained by Geraldine Ludbrook ().

 
Page updated 2022-01-23
Handle: RePEc:ven:wpaper:2006_23