An Estimate of the Degree of Interconnectedness between European Regions: A Bayesian Model Averaging Approach
Author
Suggested Citation
Note: ISSN 2039-1854
Download full text from publisher
References listed on IDEAS
- Diebold, Francis X. & Yılmaz, Kamil, 2014.
"On the network topology of variance decompositions: Measuring the connectedness of financial firms,"
Journal of Econometrics, Elsevier, vol. 182(1), pages 119-134.
- Francis X. Diebold & Kamil Yilmaz, 2011. "On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms," Koç University-TUSIAD Economic Research Forum Working Papers 1124, Koc University-TUSIAD Economic Research Forum.
- Francis X. Diebold & Kamil Yilmaz, 2011. "On the network topology of variance decompositions: Measuring the connectedness of financial firms," Working Papers 11-45, Federal Reserve Bank of Philadelphia.
- Francis X. Diebold & Kamil Yılmaz, 2011. "On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms," PIER Working Paper Archive 11-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Francis X. Diebold & Kamil Yilmaz, 2011. "On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms," NBER Working Papers 17490, National Bureau of Economic Research, Inc.
- Luisa Corrado & Bernard Fingleton, 2012.
"Where Is The Economics In Spatial Econometrics?,"
Journal of Regional Science, Wiley Blackwell, vol. 52(2), pages 210-239, May.
- Luisa Corrado & Bernard Fingleton, 2011. "Where is the Economics in Spatial Econometrics?," SERC Discussion Papers 0071, Centre for Economic Performance, LSE.
- Luisa Corrado & Bernard Fingleton, 2011. "Where is the Economics in Spatial Econometrics?," Working Papers 1101, University of Strathclyde Business School, Department of Economics.
- Corrado, L. & Fingleton, B., 2011. "Where is the economics in spatial econometrics?," SIRE Discussion Papers 2011-02, Scottish Institute for Research in Economics (SIRE).
- Corrado, Luisa & Fingleton, Bernard, 2011. "Where is the economics in spatial econometrics?," LSE Research Online Documents on Economics 33581, London School of Economics and Political Science, LSE Library.
- BAUMONT, Catherine & ERTUR, Cem & LE GALLO, Julie, 2001.
"A Spatial Econometric Analysis of Geographic Spillovers and Growth for European Regions, 1980-1995,"
LATEC - Document de travail - Economie (1991-2003)
2001-04, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
- Catherine Baumont & Cem Ertur & Julie Le Gallo, 2001. "A spatial econometric analysis of geographic spillovers and growth for European regions, 1980-1995," Working Papers hal-01526858, HAL.
- Davide Fiaschi & Andrea Mario Lavezzi, 2011. "Growth Volatility and the Structure of the Economy," Discussion Papers 2011/117, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
- Theo S. Eicher & Chris Papageorgiou & Adrian E. Raftery, 2011.
"Default priors and predictive performance in Bayesian model averaging, with application to growth determinants,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 30-55, January/F.
- Theo Eicher & Chris Papageogiou & Adrian E Raftery, 2007. "Default Priors and Predictive Performance in Bayesian Model Averaging, with Application to Growth Determinants," Working Papers UWEC-2007-25-P, University of Washington, Department of Economics.
- Makio Ishiguro & Yosiyuki Sakamoto & Genshiro Kitagawa, 1997. "Bootstrapping Log Likelihood and EIC, an Extension of AIC," Annals of the Institute of Statistical Mathematics, Springer;The Institute of Statistical Mathematics, vol. 49(3), pages 411-434, September.
- Koop, Gary & Pesaran, M. Hashem & Potter, Simon M., 1996. "Impulse response analysis in nonlinear multivariate models," Journal of Econometrics, Elsevier, vol. 74(1), pages 119-147, September.
- Sergio Nardis & Alessandro Goglio & Marco Malgarini, 1996. "Regional specialization and shocks in Europe: Some evidence from regional data," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(2), pages 197-214, September.
- Fernandez, Carmen & Ley, Eduardo & Steel, Mark F. J., 2001.
"Benchmark priors for Bayesian model averaging,"
Journal of Econometrics, Elsevier, vol. 100(2), pages 381-427, February.
- Carmen Fernández & Eduardo Ley & Mark F. J. Steel, "undated". "Benchmark priors for Bayesian Model averaging," Working Papers 98-06, FEDEA.
- Carmen Fernandez & Eduardo Ley & Mark F J Steel, 1998. "Benchmark priors for Bayesian model averaging," Edinburgh School of Economics Discussion Paper Series 26, Edinburgh School of Economics, University of Edinburgh.
- Carmen Fernandez & Eduardo Ley & Mark F.J. Steel, 1998. "Benchmark Priors for Bayesian Model Averaging," Econometrics 9804001, University Library of Munich, Germany, revised 08 Oct 2001.
- Carmen Fernandez & Eduardo Ley & Mark F J Steel, 1998. "Benchmark priors for Bayesian model averaging," Edinburgh School of Economics Discussion Paper Series 66, Edinburgh School of Economics, University of Edinburgh.
- Anselin, Luc, 2002. "Under the hood : Issues in the specification and interpretation of spatial regression models," Agricultural Economics, Blackwell, vol. 27(3), pages 247-267, November.
- Robert J. Barro & Xavier Sala-i-Martin, 1991.
"Convergence across States and Regions,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
- Barro, R.J. & Sala-I-Martin, X., 1991. "Convergence Across States and Regions," Papers 629, Yale - Economic Growth Center.
- Margaret M. McConnell & Gabriel Perez-Quiros, 2000.
"Output fluctuations in the United States: what has changed since the early 1980s?,"
Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
- Gabriel Perez-Quiros & Margaret M. McConnell, 2000. "Output Fluctuations in the United States: What Has Changed since the Early 1980's?," American Economic Review, American Economic Association, vol. 90(5), pages 1464-1476, December.
- Margaret M. McConnell & Gabriel Perez-Quiros, 1997. "Output fluctuations in the United States: what has changed since the early 1980s?," Research Paper 9735, Federal Reserve Bank of New York.
- Margaret M. McConnell & Gabriel Perez-Quiros, 1998. "Output fluctuations in the United States: what has changed since the early 1980s?," Staff Reports 41, Federal Reserve Bank of New York.
- P. J. Brown & M. Vannucci & T. Fearn, 2002. "Bayes model averaging with selection of regressors," Journal of the Royal Statistical Society Series B, Royal Statistical Society, vol. 64(3), pages 519-536, August.
- Barro, Robert J & Sala-i-Martin, Xavier, 1992.
"Convergence,"
Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-251, April.
- Barro, R.J. & Sala-I-Martin, X., 1991. "Convergence Across States and Regions," Papers 629, Yale - Economic Growth Center.
- Barro, Robert J. & Sala-i-Martin, Xavier, 1992. "Convergence," Scholarly Articles 3451299, Harvard University Department of Economics.
- Barro, R.J. & Sala-I-Martin, X., 1991. "Convergence," Papers 645, Yale - Economic Growth Center.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Davide FIASCHI & Angela PARENTI, 2014.
"How Reliable Are The Geographical Spatial Weights Matrices?,"
Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 40, pages 53-68.
- Davide Fiaschi & Angela Parenti, 2015. "How Reliable Are the Geographical Spatial Weights Matrices?," Discussion Papers 2015/198, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Davide FIASCHI & Angela PARENTI, 2014.
"How Reliable Are The Geographical Spatial Weights Matrices?,"
Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 40, pages 53-68.
- Davide Fiaschi & Angela Parenti, 2015. "How Reliable Are the Geographical Spatial Weights Matrices?," Discussion Papers 2015/198, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
- Szafranek, Karol & Rubaszek, Michał & Uddin, Gazi Salah, 2024.
"The role of uncertainty and sentiment for intraday volatility connectedness between oil and financial markets,"
Energy Economics, Elsevier, vol. 137(C).
- Karol Szafranek & Michał Rubaszek & Gazi Salah Uddin, 2023. "The role of uncertainty and sentiment for intraday volatility connectedness between oil and financial markets," KAE Working Papers 2023-095, Warsaw School of Economics, Collegium of Economic Analysis.
- Jesús Crespo Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2014.
"The Determinants of Economic Growth in European Regions,"
Regional Studies, Taylor & Francis Journals, vol. 48(1), pages 44-67, January.
- Jesús Crespo-Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2008. "The Determinants of Economic Growth in European Regions," Working Papers 2008-26, Faculty of Economics and Statistics, Universität Innsbruck.
- Jesús Crespo-Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2009. "The Determinants of Economic Growth in European Regions," CESifo Working Paper Series 2519, CESifo.
- Jesús Crespo-Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2009. "The Determinants of Economic Growth in European Regions," wiiw Working Papers 57, The Vienna Institute for International Economic Studies, wiiw.
- Licia Ferranna & Margherita Gerolimetto & Stefano Magrini, 2016. "The effect of immigration on convergence dynamics in the US," Working Papers 2016:27, Department of Economics, University of Venice "Ca' Foscari".
- Jesús Crespo Cuaresma & Martin Feldkircher, 2013.
"Spatial Filtering, Model Uncertainty And The Speed Of Income Convergence In Europe,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(4), pages 720-741, June.
- Jesús Crespo-Cuaresma & Martin Feldkircher, 2009. "Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe," Working Papers 2009-17, Faculty of Economics and Statistics, Universität Innsbruck.
- Jesús Crespo Cuaresma & Martin Feldkircher, 2010. "Spatial Filtering, Model Uncertainty and the Speed of Income Convergence in Europe," Working Papers 160, Oesterreichische Nationalbank (Austrian Central Bank).
- Juan David Barón & Gerson Javier pérez & Peter Rowland, 2004.
"A Regional Economic Policy for Colombia,"
Revista de Economía del Rosario, Universidad del Rosario, December.
- Juan David Barón & Gerson Javier Pérez & Peter Rowland, 2004. "A Regional Economic Policy for Colombia," Borradores de Economia 314, Banco de la Republica de Colombia.
- Juan David Barón & Gerson Javier Pérez & Peter Rowland, 2004. "A Regional Economic Policy For Colombia," Borradores de Economia 1931, Banco de la Republica.
- Julie Le Gallo, 2004.
"Space-Time Analysis of GDP Disparities among European Regions: A Markov Chains Approach,"
International Regional Science Review, , vol. 27(2), pages 138-163, April.
- LE GALLO, Julie, 2001. "Space-time analysis of GDP disparities among European regions: A Markov chains approach," LATEC - Document de travail - Economie (1991-2003) 2001-06, LATEC, Laboratoire d'Analyse et des Techniques EConomiques, CNRS UMR 5118, Université de Bourgogne.
- Cem Ertur & Julie Le Gallo & Catherine Baumont, 2006.
"The European Regional Convergence Process, 1980-1995: Do Spatial Regimes and Spatial Dependence Matter?,"
International Regional Science Review, , vol. 29(1), pages 3-34, January.
- Catherine Baumont & Cem Ertur & Julie Le Gallo, 2002. "The European Regional Convergence Process, 1980-1995: Do Spatial Regimes and Spatial Dependence Matter?," Econometrics 0207002, University Library of Munich, Germany.
- Cem Ertur & Julie Le Gallo & Catherine Baumont, 2006. "The European Regional Convergence Process, 1980-1995: Do Spatial Regimes and Spatial Dependence Matter?," Post-Print halshs-00009638, HAL.
- Capolupo, Rosa, 2009.
"The New Growth Theories and Their Empirics after Twenty Years,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-72.
- Capolupo, Rosa, 2008. "The New Growth Theories and Their Empirics after Twenty Years," Economics Discussion Papers 2008-27, Kiel Institute for the World Economy (IfW Kiel).
- Moller, Joachim, 2001.
"Regional Adjustment Dynamics,"
Discussion Paper Series
26180, Hamburg Institute of International Economics.
- Möller, Joachim, 2001. "Regional adjustment dynamics," HWWA Discussion Papers 146, Hamburg Institute of International Economics (HWWA).
- Breinlich, Holger & Ottaviano, Gianmarco I.P. & Temple, Jonathan R.W., 2014.
"Regional Growth and Regional Decline,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 4, pages 683-779,
Elsevier.
- Breinlich, Holger & Ottaviano, Gianmarco I. P. & Temple, Jonathan R. W., 2013. "Regional growth and regional decline," LSE Research Online Documents on Economics 51575, London School of Economics and Political Science, LSE Library.
- Breinlich, Holger & Ottaviano, Gianmarco I P & Temple, Jonathan R, 2013. "Regional Growth and Regional Decline," Economics Discussion Papers 8977, University of Essex, Department of Economics.
- Ottaviano, Gianmarco & Temple, Jonathan & Breinlich, Holger, 2013. "Regional Growth and Regional Decline," CEPR Discussion Papers 9568, C.E.P.R. Discussion Papers.
- Holger Breinlich & Gianmarco I. P. Ottaviano & Jonathan R. W. Temple, 2013. "Regional Growth and Regional Decline," CEP Discussion Papers dp1232, Centre for Economic Performance, LSE.
- Jesús Crespo Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2009. "Economic Growth Determinants for European Regions: Is Central and Eastern Europe Different?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 22-37.
- Koós, Bálint, 2007. "A szuburbanizációs folyamat a magyar gazdaságban [The suburbanization process in the Hungarian economy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 334-349.
- Roberto Ezcurra & Vicente Rios, 2015.
"Volatility and Regional Growth in Europe: Does Space Matter?,"
Spatial Economic Analysis, Taylor & Francis Journals, vol. 10(3), pages 344-368, September.
- Vicente Rios Ibáñez & Roberto Ezcurra, 2013. "Volatility and regional growth in Europe: Does space matter?," ERSA conference papers ersa13p133, European Regional Science Association.
- Gerson Javier Perez & Peter Rowland, 2004.
"Regional economic policies. Four country cases,"
Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 2(1), pages 81-120, November.
- Gerson Javier Pérez V. & Peter Rowland, 2004. "Regional Economic Policies:Four Country Cases," Borradores de Economia 3438, Banco de la Republica.
- Gerson Javier Pérez V. & Peter Rowland, 2004. "Regional Economic Policies: Four Country Cases," Borradores de Economia 301, Banco de la Republica de Colombia.
- Meunier, Olivier & Mignolet , Michel & Mulquin, Marie-Eve, 2007. "Interpersonal transfers: Do they impact the growth of poor and rich European regions?," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 10, pages 155-170.
- Fazio, Giorgio & Piacentino, Davide, 2018. "Convergence analysis for hierarchical longitudinal data," Economic Modelling, Elsevier, vol. 73(C), pages 89-99.
- Michaela Chocholatá & Andrea Furková, 2017. "Does the location and the institutional background matter in convergence modelling of the EU regions?," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 25(3), pages 679-697, September.
- Erdenebat Bataa & Denise R.Osborn & Marianne Sensier, 2016. "China's Increasing Global Influence: Changes in International Growth Spillovers," Centre for Growth and Business Cycle Research Discussion Paper Series 221, Economics, The University of Manchester.
- Guilherme Resende & Tulio Cravo, 2013. "What about regions in regional science? An exercise of convergence using different geographic scales of European Union," ERSA conference papers ersa13p772, European Regional Science Association.
More about this item
Keywords
General Variance Decomposition; Bayesian Model Averaging; spatial matrix.;All these keywords.
JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pie:dsedps:2013/171. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/dspisit.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.