000 03153nam a22005055i 4500
001 978-3-7908-2637-1
003 DE-He213
005 20140220083819.0
007 cr nn 008mamaa
008 110111s2011 gw | s |||| 0|eng d
020 _a9783790826371
_9978-3-7908-2637-1
024 7 _a10.1007/978-3-7908-2637-1
_2doi
050 4 _aHT388
050 4 _aHD28-9999
072 7 _aKCP
_2bicssc
072 7 _aGTB
_2bicssc
072 7 _aBUS067000
_2bisacsh
082 0 4 _a338.9
_223
100 1 _aSardadvar, Sascha.
_eauthor.
245 1 0 _aEconomic Growth in the Regions of Europe
_h[electronic resource] :
_bTheory and Empirical Evidence from a Spatial Growth Model /
_cby Sascha Sardadvar.
264 1 _aHeidelberg :
_bPhysica-Verlag HD,
_c2011.
300 _aXII, 140 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aContributions to Economics,
_x1431-1933 ;
_v1
505 0 _a1 Introduction -- Part I: Theory of Economic Growth -- 2 Neoclassical Growth Theory and Standard Models -- 3 Growth Models with Spatial Externalities -- 4 Convergence: Theory and Evidence -- Part II: A Model of Regional Growth -- 5 Remarks on Regional Growth -- 6 Structure of the Model -- 7 Evolution of Factors and Output -- 8 Implications for Output Growth -- Part IV: Empirics -- 9 Regions, Variables and Data -- 10 Spatial Econometric Specification and Estimation -- 11 Testing the Theoretical Model -- Summary.
520 _aAlthough interest in spatial growth regressions has been growing in recent years, formal theoretical approaches that acknowledge the role of space in economic growth have been sparse. In particular in a regional context, the assumption of independent, non-interacting closed economies can lead to misinterpretations. This book fills the void by discussing neoclassical growth theory in a spatial context, in order to examine growth both theoretically and empirically in a system of N regional economies. A formal model is presented that allows for interregional fixed capital relocations, which are in turn determined by the economies’ relative locations in space. It is shown how initial endowments with human capital play a decisive role regarding the evolution of output, and how both convergence and divergence processes may occur. Using a spatial econometric model specification, the theoretical model is tested empirically for 255 European regions.
650 0 _aEconomics.
650 0 _aEndogenous growth (Economics).
650 0 _aEurope
_xEconomic policy.
650 0 _aRegional economics.
650 1 4 _aEconomics/Management Science.
650 2 4 _aRegional/Spatial Science.
650 2 4 _aEconomic Growth.
650 2 4 _aEuropean Integration.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783790826364
830 0 _aContributions to Economics,
_x1431-1933 ;
_v1
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-7908-2637-1
912 _aZDB-2-SBE
999 _c108716
_d108716