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

Michele Battisti, Michele Battisti, Gianfranco Di Vaio, Giuseppe Arbia

Risultato della ricerca: Articlepeer review

56 Citazioni (Scopus)

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.
Lingua originaleEnglish
pagine (da-a)12-21
Numero di pagine10
RivistaEconomic Modelling
Volume27
Stato di pubblicazionePublished - 2010

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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