Economy – Quantitative Finance – General Finance
Scientific paper
2011-10-25
Economy
Quantitative Finance
General Finance
Scientific paper
This study analyses, through cross-section estimation methods, the influence of spatial effects in the conditional product convergence in the parishes' economies of mainland Portugal between 1991 and 2001 (the last year with data available for this spatial disaggregation level). To analyse the data, Moran's I statistics is considered, and it is stated that product is subject to positive spatial autocorrelation (product develops in a similar manner to product in neighbouring regions). Taking into account the estimation results, it is stated that there are not indications of convergence (the population is in the littoral of Portugal) and it can be seen that spatial spillover effects, spatial lag (capturing spatial autocorrelation through a spatially lagged dependent variable) and spatial error (capturing spatial autocorrelation through a spatially lagged error term) condition the convergence of product of Portuguese parishes in the period under consideration (1)(Martinho, 2011).
No associations
LandOfFree
Spatial Effects in Convergence of Portuguese Product does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.
If you have personal experience with Spatial Effects in Convergence of Portuguese Product, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Spatial Effects in Convergence of Portuguese Product will most certainly appreciate the feedback.
Profile ID: LFWR-SCP-O-95101