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100 _aDapena, Alberto Díaz
_940108
245 _aNew Approach to Economic Convergence in the EU: A Multilevel Analysis from the Spatial Effects Perspective
260 _bSage,
_c2019.
300 _aVol 42, Issue 3-4, 2019(335-367 p.)
520 _aThe β-convergence model is based on the neoclassical framework in which the spatial level of analysis is not relevant. These levels will result in decreasing returns. However, local processes of agglomeration, spillover effects, or other forces could operate differently depending on the level of spatial disaggregation. The primary objective of this article is to observe whether different local, regional, and national convergence behaviors are possible in the European Union (EU). To capture the differences among spatial scales, a multilevel and spatial effects extension of the Solow–Swan theoretical growth model is proposed. The estimations of this model are made using consistent information from Eurostat and Cambridge Econometrics for the period of 2000–2014. A multilevel spatial Durbin model estimator is applied to evaluate the spatial interactions of the regions. The results indicate that a general process of convergence in the EU coexists with intranational processes of divergence, highlighting the relevance of the spatial level of analysis. A final analysis of the impact of the economic crisis over the general behavior has been included verifying that the economic crisis strongly reinforce the weakness of the EU convergence.
650 _aβ-convergence,
_940109
650 _amultilevel models,
_940110
650 _aspatial Durbin model,
_940111
650 _aEuropean Union
_940112
700 _a Rubiera-Morollon, Fernando
_940113
700 _aDusan Paredes
_940114
773 0 _011129
_915490
_dSage, 2019.
_tInternational regional science review
856 _uhttps://doi.org/10.1177/0160017618804010
942 _2ddc
_cART