Arbeitspapier
Heterogeneity of Regional Growth in the European Union
This paper uses model-based recursive partitioning to study economic growth in the 255 European Union NUTS2 regions over the period 1995-2005. The starting point of the analysis is a human-capital augmented Solow-type growth equation similar in spirit to Mankiw, Romer, and Weil (1992). Initial GDP and the share of highly educated in the working age population are found to be important for explaining economic growth, whereas the investment share in physical capital is only significant for coastal regions in the PIIGS countries. Recursive partitioning leads to a regression tree with four terminal nodes with partitioning according to (i) capital regions, (ii) non-capital regions in or outside the so-called PIIGS countries and (iii) inside the respective PIIGS regions furthermore between coastal and non-coastal regions.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Papers in Economics and Statistics ; No. 2012-20
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Model Construction and Estimation
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
convergence
growth regressions
recursive partitioning
regional data
- Ereignis
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Geistige Schöpfung
- (wer)
-
Wagner, Martin
Zeileis, Achim
- Ereignis
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Veröffentlichung
- (wer)
-
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
- (wo)
-
Innsbruck
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wagner, Martin
- Zeileis, Achim
- University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
Entstanden
- 2012