SPATIAL CONVERGENCE OF REGIONS REVISITED: A SPATIAL MAXIMUM LIKELIHOOD PANEL APPROACH*
提出在分析区域收入收敛时应考虑重要解释变量的内生性和初始技术效率差异,采用空间最大似然面板方法,发现欧洲211个区域(1980-2005年)的收敛速度远高于传统2%的水平,且因要素流动和知识溢出而呈现显著区域差异。
ABSTRACT This paper argues that one should account for the endogeneity of important explanatory variables and the initial differences in technological efficiency when analyzing spatial income convergence among regions. In addition, the approach of Wooldridge (2005), who proposes a convenient solution to the initial condition problem in dynamic panels, proves to be fruitful. In a panel of 211 European regions observed from 1980 to 2005, the estimated speed of convergence is substantially higher, on average, than the legendary 2 percent found in many cross‐section studies. Moreover, it exhibits pronounced variation across regions due to factor mobility and knowledge spillovers.