{"product_id":"convergence-clubs-and-spatial-externalities-models-and-applications-of-regional-convergence-in-europe-von-stilianos-alexiadis","title":"Convergence Clubs and Spatial Externalities","description":"Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities.  \u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783642316258\"\u003e\u003ch3\u003eModels and Applications of Regional Convergence in Europe\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783642431081\"\u003e\u003ch3\u003eModels and Applications of Regional Convergence in Europe\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9783642316258","offer_id":40571110621277,"sku":"9783642316258","price":106.99,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9783642431081","offer_id":39430924828765,"sku":"9783642431081","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/47d59874-0a1a-43cd-965a-f1ced96edacc.jpg?v=1774595113","url":"https:\/\/shop.autorenwelt.de\/products\/convergence-clubs-and-spatial-externalities-models-and-applications-of-regional-convergence-in-europe-von-stilianos-alexiadis","provider":"Autorenwelt Shop","version":"1.0","type":"link"}