Sectoral Trends and British Regional Economic Growth – A Spatial Econometric Perspective

This paper aims to look beneath the surface of British sub-regional aggregate GVA growth over the period 1995-2004, by examining how the differing growth dynamics of the secondary and services sectors have influenced the overall regional growth process. A spatial econometric analysis is undertaken...

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Bibliographic Details
Main Author: Declan Curran
Format: Article
Language:English
Published: Politecnico di Torino 2009-06-01
Series:European Journal of Spatial Development
Subjects:
Online Access:https://ojstest.polito.it/index.php/EJSD/article/view/192
Description
Summary:This paper aims to look beneath the surface of British sub-regional aggregate GVA growth over the period 1995-2004, by examining how the differing growth dynamics of the secondary and services sectors have influenced the overall regional growth process. A spatial econometric analysis is undertaken which tests regional secondary, services and aggregate real GVA per capita for absolute and conditional convergence at the NUTS 3 level as well as on a set of functional economic areas, constructed using NUTS 3 level commuter flow data. A number of explanatory factors influencing secondary, services, and aggregate regional economic growth are also identified.
ISSN:1650-9544