Palgrave Handbook of Econometrics: Applied Econometrics

1252 Spatial Analysis of Economic Convergence 27.1 Introduction The last two decades have witnessed a renaissance in the field o ...

Sergio J. Rey and Julie Le Gallo 1253 While this recognition is promising, it is also indicative of the need for further interac ...

1254 Spatial Analysis of Economic Convergence They are transformed in ways implied by the model (see Durlauf and Quah, 1999, for ...

Sergio J. Rey and Julie Le Gallo 1255 function model. While exchangeability problems have not been discussed in this specific co ...

1256 Spatial Analysis of Economic Convergence econometrics: the autoregressive and the moving average specifications. It is inte ...

Sergio J. Rey and Julie Le Gallo 1257 these spatial econometric models have been fitted to Verdoorn’s law specifications by Bern ...

1258 Spatial Analysis of Economic Convergence there is a debate on the assumed endogeneity and exogeneity of this specification ...

Sergio J. Rey and Julie Le Gallo 1259 convergence literature here as these problems have been mainly encountered in this context ...

1260 Spatial Analysis of Economic Convergence mixture distribution for the predictive density of per capita output (Canova, 2004 ...

Sergio J. Rey and Julie Le Gallo 1261 extended by allowing a spatial lag term or a spatial error process. Another method- ologic ...

1262 Spatial Analysis of Economic Convergence the underlying exogenous variables in the data-generating process are uncorrelated ...

Sergio J. Rey and Julie Le Gallo 1263 provide sound theoretical foundations for the inclusion of spatial dependence in β-converg ...

1264 Spatial Analysis of Economic Convergence technology diffusion. Indeed, take as a point of departure a static Cobb–Douglas p ...

Sergio J. Rey and Julie Le Gallo 1265 data analysis (EDA) to examine growth datasets. EDA has its roots in the work of John Tuke ...

1266 Spatial Analysis of Economic Convergence whereα,β, andσ 2 are as defined in equation (27.1). If 0<β<1 the difference ...

Sergio J. Rey and Julie Le Gallo 1267 Table 27.1 Markov transitions: US state incomes 1929–2000 t+ 1 t 0.661 0.884 1.031 1.309 1 ...

1268 Spatial Analysis of Economic Convergence Table 27.3 US state incomes: spatial Markov transition matrix t+ 1 t 0.661 0.884 1 ...

Sergio J. Rey and Julie Le Gallo 1269 also been adopted to explore the question of regional heterogeneity. Bickenbach and Bode ( ...

1270 Spatial Analysis of Economic Convergence correlation statistic: τ= nc−nd (n^2 −n)/ 2 , (27.17) wherencis the number of conc ...

Sergio J. Rey and Julie Le Gallo 1271 Figure 27.1 Spatial rank mobility ...