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2014 | 15(XV) | nr 2 | 198--208
Tytuł artykułu

Alternative Weighting Schemes in Spatial Analysis of GDP per Capita Convergence

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The article analyzes conditional beta convergence in the EU28 countries with the use of spatial econometrics techniques. We consider alternative structure of the spatial weight matrix based on economic distances. Basing on the spatial Durbin-Watson model, two spatial specifications are tested, which make use of the volume of international trade and the inverted GDP per capita differences between the considered objects. We confirm the existence of GDP convergence and show that the gravitymodels-type logic is superior to the approach based on inverted geographic distances. (original abstract)
Twórcy
  • Warsaw School of Economics, Poland
  • Warsaw School of Economics, Poland
Bibliografia
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  • Case A.C. (1991) Spatial Patterns in Household Demand, "Econometrica", Vol. 59, pp. 953-965.
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  • Kelejian H.H., Prucha I.R. (2010) Specification and Estimation of Spatial Autoregressive Models with Autoregressive and Heteroskedastic Disturbances, "Journal of Econometrics", Vol. 157, pp. 53-67.
  • Kulhánek L. (2012), Real Convergence in Central European EU Member States, in: Proceedings of the 1st International Conference on European Integration 2012, ICEI 2012 (eds. Honová I., Melecký L., Staníčková M.), 1st International Conference on European Integration, Ostrava, VŠB - Technical University of Ostrava, pp. 161-170.
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  • Seya H., Tsutsumi M., Yamagata Y. (2012) Income Convergence in Japan: A Bayesian Spatial Durbin Model Approach, "Economic Modelling", Vol. 29, pp. 60-71.
  • Staňisić N. (2012) The Effects of the Economic Crisis on Income Convergence in the European Union, "Acta Oeconomica", Vol. 62, pp. 161-182.
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  • Tian L., Wang H.H., Chen Y. (2010) Spatial Externalities in China Regional Economic Growth, "China Economic Review", Vol. 21, pp. S20-S31.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171326417

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