Konferenzbeitrag

Growth, Technological Interdependence and Spatial Externalities - Theory and Evidence

This paper presents a theoretical model, based on the neoclassical growth literature, which explicitly takes into account technological interdependence among economies and examines the impact of location and neighborhood effects in explaining growth. Technological interdependence is supposed working through spatial externalities. The magnitude of the physical capital externalities at steady state, which is usually not identified in the literature, is estimated using a spatial econometric specification explaining the steady state income level. This spatially augmented Solow model yields a conditional convergence equation which is characterized by parameter heterogeneity. A locally linear spatial autoregressive specification is then estimated.

Sprache
Englisch

Erschienen in
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

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Ertur, Cem
Koch, Wilfried
Ereignis
Veröffentlichung
(wer)
European Regional Science Association (ERSA)
(wo)
Louvain-la-Neuve
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Konferenzbeitrag

Beteiligte

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

Entstanden

  • 2005

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