This article provides an empirical assessment of the growth experiences of European regions, during the period 1991–2004, by taking into account the spatial effects due to both institutions and geography. These effects have been modelled by means of specific controls and by using a non-conventional spatial weight matrix. Results favour a model dealing with substantive spatial externalities. Within this framework, the country-specific institutions are strongly and positively related to the regional productivity's growth rate. In addition, the geo-institutional proximity increases the spatial dependence of the regional output per worker and raises the speed of convergence. By contrast, the pure geographical metrics is underperforming, while underestimating the convergence dynamics.

Arbia, G., Battisti, M., Di Vaio, G. (2010). Institutions and Geography: Empirical tests of Spatial Growth Models for the regions of Europe. ECONOMIC MODELLING, 27(1), 12-21 [10.1016/j.econmod.2009.07.004].

Institutions and Geography: Empirical tests of Spatial Growth Models for the regions of Europe

BATTISTI, Michele;
2010-01-01

Abstract

This article provides an empirical assessment of the growth experiences of European regions, during the period 1991–2004, by taking into account the spatial effects due to both institutions and geography. These effects have been modelled by means of specific controls and by using a non-conventional spatial weight matrix. Results favour a model dealing with substantive spatial externalities. Within this framework, the country-specific institutions are strongly and positively related to the regional productivity's growth rate. In addition, the geo-institutional proximity increases the spatial dependence of the regional output per worker and raises the speed of convergence. By contrast, the pure geographical metrics is underperforming, while underestimating the convergence dynamics.
2010
Settore SECS-P/01 - Economia Politica
http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VB1-4X71NVD-1&_user=5391239&_coverDate=01%2F31%2F2010&_rdoc=1&_fmt=high&_orig=search&_sort=d&_docanchor=&view=c&_acct=C000067127&_version=1&_urlVersion=0&_userid=5391239&md5=5a61402784bbec4e65b6ace72a079b87
Arbia, G., Battisti, M., Di Vaio, G. (2010). Institutions and Geography: Empirical tests of Spatial Growth Models for the regions of Europe. ECONOMIC MODELLING, 27(1), 12-21 [10.1016/j.econmod.2009.07.004].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10447/49087
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