A spatial Mankiw-Romer-Weil model: Theory and
evidence

Manfred M. Fischer

A spatial Mankiw-Romer-Weil model: Theory and evidence

Publikation: Working/Discussion Paper › Working Paper/Preprint

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Abstract

This paper presents a theoretical growth model that extends the
Mankiw-Romer-Weil [MRW] model by accounting for technological
interdependence among regional economies. Interdependence is assumed to work
through spatial externalities caused by disembodied knowledge diffusion. The
transition from theory to econometrics leads to a reduced-form empirical spatial
Durbin model specification that explains the variation in regional levels of per
worker output at steady state. A system of 198 regions across 22 European
countries over the period from 1995 to 2004 is used to empirically test the model.
Testing is performed by assessing the importance of cross-region technological
interdependence, and measuring direct and indirect (spillover) effects of the MRW
determinants on regional output.

Originalsprache	Englisch
Erscheinungsort	Vienna
Herausgeber	WU Vienna University of Economics and Business
Publikationsstatus	Veröffentlicht - 1 Juli 2009

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1 Originalbeitrag in Fachzeitschrift

A spatial Mankiw-Romer-Weil model: Theory and evidence
Fischer, M. M., 1 Okt. 2011, in: Annals of Regional Science. 47, 2, S. 419-436
Publikation: Wissenschaftliche Fachzeitschrift › Originalbeitrag in Fachzeitschrift › Begutachtung

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A spatial Mankiw-Romer-Weil model: Theory and evidence

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A spatial Mankiw-Romer-Weil model: Theory and evidence

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