A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Market Potential, Spatial Dependences and Spillovers in European Regions
Bruna F., Lopez-Rodriguez J. and Faíña A. Market potential, spatial dependences and spillovers in European regions, Regional Studies. This paper reinterprets the new economic geography (NEG) ‘wage’ equation by distinguishing two different types of spatial dependences: a global spatial trend and local spatial autocorrelation. A measure of the variable Market Potential in this equation can capture both a global core–periphery pattern and spillovers, while the standard weights matrices of spatial econometrics tend to be designed to capture short-distance interactions among neighbours. Using cross-sectional European regional data, the paper compares different weighting schemes to build spatial lags. The estimation of spatial models of an NEG equation for gross value added per capita (GVApc) reveals new research challenges.
Market Potential, Spatial Dependences and Spillovers in European Regions
Bruna F., Lopez-Rodriguez J. and Faíña A. Market potential, spatial dependences and spillovers in European regions, Regional Studies. This paper reinterprets the new economic geography (NEG) ‘wage’ equation by distinguishing two different types of spatial dependences: a global spatial trend and local spatial autocorrelation. A measure of the variable Market Potential in this equation can capture both a global core–periphery pattern and spillovers, while the standard weights matrices of spatial econometrics tend to be designed to capture short-distance interactions among neighbours. Using cross-sectional European regional data, the paper compares different weighting schemes to build spatial lags. The estimation of spatial models of an NEG equation for gross value added per capita (GVApc) reveals new research challenges.
Market Potential, Spatial Dependences and Spillovers in European Regions
Bruna, Fernando (author) / Lopez-Rodriguez, Jesus (author) / Faíña, Andrés (author)
Regional Studies ; 50 ; 1551-1563
2016-09-01
13 pages
Article (Journal)
Electronic Resource
English
New Economic Geography , Core–periphery model , Wage equation , Global spatial trend , Spatial autocorrelation , Spatial lag , 新经济地理学 , 核心—边陲模型 , 薪资方程式 , 全球空间趋势 , 空间自相关 , 空间落迟 , Nouvelle géographie économique , Modèle centre-périphérie , Équation de salaire , Tendance spatiale globale , Autocorrélation spatiale , Retard spatial , Neue Wirtschaftsgeografie , Kern-Peripherie-Modell , Lohngleichung , Globaler räumlicher Trend , Räumliche Autokorrelation , Räumliche Verzögerung , Nueva Geografía Económica , Modelo centro-periferia , Ecuación de salarios , Tendencia espacial global , Autocorrelación espacial , Retardo espacial , C21 , F12 , O11 , R12
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