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Title:European regional convergence in a human capital augmented Solow model PDF Logo
Authors:Eckey, Hans-Friedrich
Dreger, Christian
Türck, Matthias
Issue Date:2006
Series/Report no.:Volkswirtschaftliche Diskussionsbeiträge 88
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.
Subjects:Solow model
regional convergence
spatial lags
spatial filtering
JEL:C21
O47
R11
R15
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
Volkswirtschaftliche Diskussionsbeiträge, Universität Kassel

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