Analysis of β-Convergence. From Traditional Cross-Section Model to Dynamic Panel Model

Joanna Górna, Karolina Górna, Elżbieta Szulc

DOI: http://dx.doi.org/10.12775/DEM.2013.007

Abstract


The aim of the paper is to discuss the course of development of methodology of economic convergence analyses, which points up the necessity of taking into consideration spatial connections among regions in regional growth models. It presents empirical models of β-convergence concerning the economic growth of European regions using various methodological conceptions. In the paper the models offered by spatial econometrics are recommended. The empirical data refer to per capita GDP across the European Union regions at a NUTS-2 level over the period 1995–2009 (annual data).


Keywords


economic convergence; spatial effects; connectivity matrix; spatial panel models

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References


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ISSN (online) 2450-7067

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