A multi-equation spatial econometric model, with application to EU manufacturing productivity growth

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Fingleton, Bernard (2007) A multi-equation spatial econometric model, with application to EU manufacturing productivity growth. Journal of Geographical Systems, 9 (2). pp. 119-144. ISSN 1435-5930 (http://dx.doi.org/10.1007/s10109-006-0038-5)

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Abstract

A multi-equation spatial econometric model is used to explain variations across EU regions in manufacturing productivity growth based on recent theoretical developments in urban economics and economic geography. The paper shows that temporal and spatial parameter homogeneity is an unrealistic assumption, contrary to what is typically assumed in the literature. Constraints are imposed on parameters across time periods and between core and peripheral regions of the EU, with the significant loss of fit providing overwhelming evidence of parameter heterogeneity, although the final model does highlight increasing returns to scale, which is a central feature of contemporary theory.

  • Item type:Article
    ID code:7199
    Dates:
    Date
    Event
    2007
    Published
    Notes:Also published in 'Handbook of Applied Spatial Analysis', Springer, December 2009 Pure ID 528356
    Subjects:Social Sciences > Commerce
    Department:Strathclyde Business School > Economics
    Depositing user: Strathprints Administrator
    Date deposited:08 Jan 2009 13:24
    Last modified:11 Nov 2024 08:50
    URI:https://strathprints.strath.ac.uk/id/eprint/7199
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