Titlebook: Convergence Clubs and Spatial Externalities; Models and Applicati Stilianos Alexiadis Book 2013 Springer-Verlag Berlin Heidelberg 2013 Aggl

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Visions of Sustainability for Arts EducationThe 1980s and 1990s have seen the earlier neoclassical and Post-Keynesian models augmented by a new generation of growth theories, notably Endogenous Growth Theory in which technical progress develops within the economic system. Hammond and Rodriguez-Clare (1995) summarise the contribution of the endogenous growth models as follows:

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Convergence Clubs and Spatial Externalities978-3-642-31626-5Series ISSN 1430-9602 Series E-ISSN 2197-9375

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https://doi.org/10.1007/978-981-16-6293-5ional economies, which are likely to share similar characteristics. It is the purpose of this chapter to provide an assessment of whether or not absolute convergence is apparent across the regions of the EU-27, and whether this applies only to a selected club.

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Conclusions, a data set that covers the period 1995–2006. An attempt is made to provide a detailed and thorough view of the issue of convergence across the regions of the EU-27 by considering various empirical approaches.

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