Estimating agglomeration in the EU and the Western Balkan regions
By: Römisch, Roman.
Material type:
BookSeries: wiiw Balkan Observatory Working Papers: 117Publisher: Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2015Subject(s): Zipf’s Law | agglomeration economies | Europe | Western BalkansCountries covered: European Union | Western Balkanswiiw Research Areas: Macroeconomic Analysis and PolicyOnline resources: Click here to access online Summary: Abstract
The paper develops a model to consistently estimate agglomeration and agglomeration economies in European NUTS3 regions. It is based on the empirical observation that the size of population across regions as well as of other economic variables tend to follow a Zipf distribution. Furthermore, the model is extended to capture agglomeration effects in traditional regional convergence estimations. Agglomeration is analysed for 25 European countries, including Macedonia and Serbia, and the years 2000 to 2012. Results indicate significant agglomeration effects on the level and growth of regional economic development, with agglomeration and agglomeration economies generally declining in the Western European countries and increasing the Central East and South East European countries.
| Cover image | Item type | Current library | Home library | Collection | Shelving location | Call number | Materials specified | Vol info | URL | Copy number | Status | Notes | Date due | Barcode | Item holds | Item hold queue priority | Course reserves | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paper | WIIW Library | 117 (Browse shelf(Opens below)) | Available | 1000010003900 |
Abstract
The paper develops a model to consistently estimate agglomeration and agglomeration economies in European NUTS3 regions. It is based on the empirical observation that the size of population across regions as well as of other economic variables tend to follow a Zipf distribution. Furthermore, the model is extended to capture agglomeration effects in traditional regional convergence estimations. Agglomeration is analysed for 25 European countries, including Macedonia and Serbia, and the years 2000 to 2012. Results indicate significant agglomeration effects on the level and growth of regional economic development, with agglomeration and agglomeration economies generally declining in the Western European countries and increasing the Central East and South East European countries.
Click on an image to view it in the image viewer