Convergence Clubs and Spatial Externalities: Models and - download pdf or read online

By Stilianos Alexiadis

Do dynamic externalities, within the kind of know-how construction, adoption and spatial agglomeration form the development of nearby progress in Europe? This examine offers an alternate view on nearby convergence. A version is built which attributes club-convergence to current variations with appreciate to the measure of know-how adoption. within the first example, empirical effects recommend that the NUTS-2 areas of the EU-27 converge at a really sluggish price. extra exams, in spite of the fact that, point out that convergence is particular to a particular subset of areas. Such conclusions are demonstrated additional, utilizing an alternate version of club-convergence, which includes the impression of spatial interplay, agglomeration externalities and know-how. This exhibits that the convergence-club in Europe follows a undeniable geographical trend and all participants proportion comparable features relating to expertise production and adoption, and agglomeration externalities.  ​

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Convergence Clubs and Spatial Externalities: Models and Applications of Regional Convergence in Europe (Advances in Spatial Science) by Stilianos Alexiadis


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