Titlebook: Convergence Clubs and Spatial Externalities; Models and Applicati Stilianos Alexiadis Book 2013 Springer-Verlag Berlin Heidelberg 2013 Aggl

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1430-9602 rgence.Planners, policy-makers and regional development instDo dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which att

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Communication To/With/By the Masses a data set that covers the period 1995–2006. An attempt is made to provide a detailed and thorough view of the issue of convergence across the regions of the EU-27 by considering various empirical approaches.

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Empirical Measures of Regional Convergence,cks at different points in time. Therefore, an important question arises: ‘how is possible to test for convergence, when the steady-state is never achieved?’ The approach, in practice, is to direct empirical measures of convergence towards the process of convergence, rather than the equilibrium outcome.

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Introduction,gence within a subset of national economies. As Baumol and Wolff (1988, p. 1159) subsequently noted, however, “just how countries achieve membership in the convergence club, and on what basis they are sometimes ejected” is a difficult question to answer.

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Book 2013study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow

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Battery Control in Virtual Power Plant,mes are permanent and self-perpetuating and therefore divergence in per-capita incomes is the most likely outcome. Representative models can be found in the work of Myrdal (1957), Perroux (1950, 1955) and Kaldor (1967, 1970 and 1972). This chapter outlines the major approaches to regional growth, as

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Weiwei Xing,Weibin Liu,Bowen SongAzariadis and Drazen (1990), which are, essentially, a reformulation of the neoclassical model. Section 4.4 describes the club convergence pattern within the framework of Endogenous Growth Theory, in which club convergence is attributed to the diffusion of technological innovations from leading econ

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