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Economic growth in Italian NUTS 3 provinces
Abstract This paper analyzes the conditional $$\beta $$-convergence hypothesis for NUTS 3 Italian provinces. A methodology for the simultaneous treatment of spatial dependence and spatial heterogeneity is developed. Spatial dependence is introduced in the economic model by assuming a spatial Durbin model specification. The absence of data experienced by some economic variables at the NUTS 3 level is addressed through a modified version of the Bayesian interpolation method introduced by Palma and Benedetti (J Geogr Syst 5:199–220, 1998). Spatial heterogeneity is taken into account by identifying convergence clubs. For this purpose, we use the modified simulated annealing algorithm introduced by Postiglione et al. (Comput Econ 42:151–174, 2013). The methodology is compared with the heteroscedastic approach proposed by Kelejian and Prucha (J Econom 157:53–67, 2010).
Economic growth in Italian NUTS 3 provinces
Abstract This paper analyzes the conditional $$\beta $$-convergence hypothesis for NUTS 3 Italian provinces. A methodology for the simultaneous treatment of spatial dependence and spatial heterogeneity is developed. Spatial dependence is introduced in the economic model by assuming a spatial Durbin model specification. The absence of data experienced by some economic variables at the NUTS 3 level is addressed through a modified version of the Bayesian interpolation method introduced by Palma and Benedetti (J Geogr Syst 5:199–220, 1998). Spatial heterogeneity is taken into account by identifying convergence clubs. For this purpose, we use the modified simulated annealing algorithm introduced by Postiglione et al. (Comput Econ 42:151–174, 2013). The methodology is compared with the heteroscedastic approach proposed by Kelejian and Prucha (J Econom 157:53–67, 2010).
Economic growth in Italian NUTS 3 provinces
Panzera, Domenica (Autor:in) / Postiglione, Paolo (Autor:in)
2014
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Lokalklassifikation FBW:
oek 4450
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