Modern economic growth and convergence : the long-run evolution of regional inequality in Spain (1860-2010)

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  • dc.contributor.author Martín Escofet, Gerard
  • dc.date.accessioned 2019-09-09T10:11:40Z
  • dc.date.available 2019-09-09T10:11:40Z
  • dc.date.issued 2019
  • dc.description Treball de Fi de Grau en Economia. Curs 2018-2019ca
  • dc.description Tutor: Albert Carreras de Odriozolaca
  • dc.description.abstract This paper performs an analysis of sigma and beta convergence for Spanish regions during the period 1860-2010 using different spatial units and time intervals. Growth regressions are run unconditionally using a Generalised Least Squares estimator and also conditionally by using a fixed effects estimator and a panel data two-step Generalised Method of Moments estimator. My results confirm the existence of conditional beta convergence for Spanish regions over the whole studied period; however, different time partitions for growth regressions show the convergence parameter has not remained constant at all throughout different periods. I conclude that, although the neoclassical growth model with endogenous savings provides a satisfactory picture of convergence in Spain if the whole period 1860-2010 is considered, other forces apart from diminishing returns to capital accumulation also play a role.ca
  • dc.format.mimetype application/pdf*
  • dc.identifier.uri http://hdl.handle.net/10230/42256
  • dc.language.iso engca
  • dc.rights.accessRights info:eu-repo/semantics/openAccessca
  • dc.subject.other Treball de fi de grau – Curs 2018-2019ca
  • dc.subject.other Convergència (Matemàtica)ca
  • dc.title Modern economic growth and convergence : the long-run evolution of regional inequality in Spain (1860-2010)ca
  • dc.type info:eu-repo/semantics/bachelorThesisca