Growth, technological interdependence and spatial externalities: theory and evidence

Journal of Applied Econometrics, 2007, vol. 22, issue 6, 1033-1062

Abstract: This paper presents a theoretical growth model which explicitly takes into account technological interdependence among economies and examines the impact of spillover effects. Technological interdependence is assumed to operate through spatial externalities. The magnitude of the physical capital externalities at steady state, which is not usually identified in the literature, is estimated using a spatial econometric specification. Spatial externalities are found to be significant. This spatially augmented Solow model yields a conditional convergence equation which is characterized by parameter heterogeneity. A locally linear spatial autoregressive specification is then estimated providing a convergence speed estimate for each country of the sample. Copyright © 2007 John Wiley & Sons, Ltd.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (327)

Downloads: (external link)
http://hdl.handle.net/10.1002/jae.963 Link to full text; subscription required (text/html)
http://qed.econ.queensu.ca:80/jae/2007-v22.6/ Supporting data files and programs (text/html)

Related works:
Working Paper: Growth, technological interdependence and spatial externalities: theory and evidence (2007)
Working Paper: Growth, Technological Interdependance and Spatial Externalities: Theory and Evidence (2007)
Working Paper: Growth, Technological Interdependence and Spatial Externalities: Theory and Evidence (2005)
Working Paper: Growth, Technological Interdependence and Spatial Externalities - Theory and Evidence (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jae:japmet:v:22:y:2007:i:6:p:1033-1062

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

DOI: 10.1002/jae.963

Access Statistics for this article

Journal of Applied Econometrics is currently edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().