1.

Record Nr.

UNINA9910438092203321

Autore

Alexiadis Stilianos

Titolo

Convergence clubs and spatial externalities : models and applications of regional convergence in Europe / / Stilianos Alexiadis

Pubbl/distr/stampa

New York, : Springer, 2013

ISBN

1-283-64061-9

3-642-31626-3

Edizione

[1st ed. 2013.]

Descrizione fisica

1 online resource (253 p.)

Collana

Advances in spatial science, , 1430-9602

Disciplina

338.9

Soggetti

Convergence (Economics) - Europe

Europe Economic conditions Regional disparities

Europe Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 Conclusions -- Appendices -- References.

Sommario/riassunto

Do 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 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 rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding



technology creation and adoption, and agglomeration externalities. .