@techreport{Eckey2006European,
abstract = {In this paper, the process of productivity convergence is investigated for the enlarged European Union using regional (NUTS-2) data. The Solow model extended by human capital is employed as a workhorse. Alternative strategies are proposed to control for spatial effects. All specifications confirm the presence of convergence with an annual speed between 3 and 3.5 percent towards regional steady states. Furthermore, a geographically weighted regression approach indicates a wide variation in the speed of convergence across the regions, where a higher speed is striking in particular in France and the UK. Clusters of convergence can be identified, where regions with high convergence also have high initial income levels.},
address = {Berlin},
author = {Hans-Friedrich Eckey and Christian Dreger and Matthias T\"{u}rck},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O47; R15; C21; R11; 330; Solow model; regional convergence; spatial lags; spatial filtering},
language = {eng},
number = {631},
publisher = {Deutsches Institut f\"{u}r Wirtschaftsforschung (DIW)},
title = {European Regional Convergence in a Human Capital Augmented Solow Model},
type = {DIW-Diskussionspapiere},
url = {http://hdl.handle.net/10419/18524},
year = {2006}
}
