Konferenzbeitrag

NEIGHBORHOOD EFFECTS IN THE SOLOW MODEL WITH SPATIAL EXTERNALITIES

Recent theoretical and empirical work generally often focus on the interdependence of nations and regions underlying that the economy of one country or region is not independent of the economies of others. However, these models generally ignores the impact of location and neighborhood in explaining growth. This paper presents an augmented Solow model that includes spatial externalities and spatial interdependence among economies. We obtain a spatial econometric reduce form which allows testing the effects of the rate of saving and the rate of population growth on income per capita. Finally, we use the propriety of spatial multiplier effect in order to evaluate the impact of a shock on saving rate on european regional disparities.

Language
Englisch

Bibliographic citation
Series: 45th Congress of the European Regional Science Association: "Land Use and Water Management in a Sustainable Network Society", 23-27 August 2005, Amsterdam, The Netherlands

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Koch, Wilfried
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Koch, Wilfried
  • European Regional Science Association (ERSA)

Time of origin

  • 2005

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