Convergence Clubs and Spatial Externalities Models and Applications
Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-co
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Stilianos Alexiadis
Convergence Clubs and Spatial Externalities Models and Applications of Regional Convergence in Europe
Dr. Stilianos Alexiadis Ministry of Rural Development and Foods Athens Greece
ISSN 1430-9602 ISBN 978-3-642-31625-8 ISBN 978-3-642-31626-5 (eBook) DOI 10.1007/978-3-642-31626-5 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2012948988 # Springer-Verlag Berlin Heidelberg 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Preface
A major concern for regional scientists is whether regional per capita incomes tend to converge or diverge over the long run, and whether such trends apply to all or only limited groups. This latter phenomenon is known as ‘club convergence’. Notwithstanding the vast theoretical and empirical literature, a textbook devoted exclusively to regional convergence does not exist. Standard textbooks on economic growth devote a few sections to the issue of convergence, usually without a regional dimension and ignoring the possibility of club convergence. This book is concerned with whether levels of labour productivity across the regions of an enlarged Europe converge or diverge. In particular, it is argued that the EU-27 regi
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