Studies in Empirical Economics

Transcription

1 Studies in Empirical Economics

2 Studies in Empirical Economics Aman Ullah (Ed.) Semiparametric and Nonparametric Econometrics ISBN Walter Krämer (Ed.) Econometrics of Structural Change ISBN Wolfgang Franz (Ed.) Hysteresis Effects in Economic Models ISBN John Piggott and John Whalley (Eds.) Applied General Equilibrium ISBN Baldev Raj and Badi H. Baltagi (Eds.) Panel Data Analysis ISBN Josef Christl The Unemployment/Vacancy Curve ISBN Jürgen Kaehler and Peter Kugler (Eds.) Econometric Analysis of Financial Markets ISBN Klaus F. Zimmermann (Ed.) Output and Employment Fluctuations ISBN Jean-Marie Dufour and Baldev Raj (Eds.) New Developments In Time Series Econometrics ISBN John D. Hey (Ed.) Experimental Economics ISBN Arno Riedl, Georg Winckler and Andreas Wörgötter (Eds.) Macroeconomic Policy Games ISBN Thomas Url and Andreas Wörgötter (Eds.) Econometrics of Short and Unreliable Time Series ISBN Steven Durlauf, John F. Helliwell and Baldev Raj (Eds.) Long-Run Economic Growth ISBN Daniel J. Slortje and Baldev Raj (Eds.) Income Inequality Poverty and Economic Welfare ISBN Robin Boadway and Baldev Raj (Eds.) Advances in Public Economics ISBN Bernd Fitzenberger, Roger Koenker and Jos é A. E. Machado (Eds.) Economic Applications of Quantile Regression ISBN James D. Hamilton and Baldev Raj (Eds.) Advances in Markov-Switching Models ISBN Badi H. Baltagi (Ed.) Panel Data ISBN L uc Bauwens, Winfried Pohlmeier and David V eredas (Eds.) High Frequency Financial Econometrics ISBN Christian Dustmann, Bernd Fitzenberger and Stephen Machin (Eds.) The Economics of Education and Training ISBN

3 Giuseppe Arbia Badi H. Baltagi (Eds.) Spatial Econometrics Methods and Applications Physica-Verlag A Springer Company

4 Editorial Board Heather M. Anderson Australian National University Canberra, Australia Badi H. Baltagi Syracuse University Syracuse, New York, USA Editors Professor Giuseppe Arbia University G. d Annunzio of Chieti-Pescara Department of the Business, Statistical, Technological and Environment Sciences Viale Pindaro, Pescara Italy arbia@unich.it Bernd Fitzenberger University of Freiburg Germany Robert M. Kunst Institute for Advanced Studies Vienna, Austria Professor Badi H. Baltagi Syracuse University Center for Policy Research 426 Eggers Hall Syracuse, NY USA bbaltagi@maxwell.syr.edu All papers have been first published in Empirical Economics ISBN e-isbn Library of Congress Control Number: Physica-Verlag Heidelberg 2009 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, roadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Physica-Verlag. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover Design: WMXDesign GmbH, Heidelberg, Germany Printed on acid-free paper springer.com

5 Contents 1. Introduction... 1 Badi H. Baltagi and Giuseppe Arbia 2 Errors in Variables and Spatial Effects in Hedonic House Price Models of Ambient Air Quality... 5 Luc Anselin and Nancy Lozano-Gracia 3. A Generalized Method of Moments Estimator for a Spatial Model with Moving Average Errors, with Application to Real Estate Prices Bernard Fingleton 4. Spatial Analysis of Urban Growth in Spain, Julie Le Gallo and Coro Chasco 5. A Class of Spatial Econometric Methods in the Empirical Analysis of Clusters of Firms in the Space Giuseppe Arbia, Giuseppe Espa, and Danny Quah 6. A Spatially-Filtered Mixture of β-convergence Regressions for European Regions, Michele Battisti and Gianfranco Di Vaio 7. Spatial Shift-Share Analysis Versus Spatial Filtering: An Application to Spanish Employment Data Matías Mayor and Ana Jesús López 8. R&D Spillovers and Firms Performance in Italy: Evidence from a Flexible Production Function Francesco Aiello and Paola Cardamone

6 vi Contents 9. The Impact of Decentralization and Inter-Territorial Interactions on Spanish Health Expenditure Joan Costa-Font and Francesco Mosconey 10. Regional Evidence on Financial Development, Finance Term Structure and Growth Andrea Vaona 11. Convergence in Per-Capita GDP Across European Regions: A Reappraisal Valentina Meliciani and Franco Peracchi 12. Locational Choice and Price Competition: Some Empirical Results for the Austrian Retail Gasoline Market Gerhard Clemenz and Klaus Gugler 13. Dynamic Spatial Modelling of Regional Convergence Processes Reinhold Kosfeld and Jorgen Lauridsen 14. Spatial and Supply/Demand Agglomeration Economies: State- and Industry-Linkages in the U.S. Food System Jeffrey P. Cohen and Catherine J. Morrison Paul