TY - BOOK AU - Alexiadis,Stilianos ED - SpringerLink (Online service) TI - Convergence Clubs and Spatial Externalities: Models and Applications of Regional Convergence in Europe T2 - Advances in Spatial Science, The Regional Science Series, SN - 9783642316265 AV - HT388 U1 - 338.9 23 PY - 2013/// CY - Berlin, Heidelberg PB - Springer Berlin Heidelberg, Imprint: Springer KW - Economic geography KW - Economic policy KW - Regional economics KW - Spatial economics KW - Economics KW - Regional/Spatial Science KW - Economic Geography KW - R & D/Technology Policy N1 - Preface -- 1 Introduction -- 2 Neoclassical and Post-Keynesian Theories of Regional Growth and Convergence/Divergence -- 3 'Endogenous Growth Theory' and 'New Economic Geography' -- 4 Club Convergence -- 5 Empirical Measure of Regional Convergence -- 6 EU-27 Regions: Absolute or Club Convergence? 7 'Club Convergence': Geography, Externalities and Technology -- 8 Conclusions -- Appendices -- References N2 - 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.  UR - http://dx.doi.org/10.1007/978-3-642-31626-5 ER -