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| Author: | Conley, T. G. Ligon, E. |
| Title: | Economic distance and cross-country spillovers |
| Journal: | Journal of Economic Growth
2002 : JUN, VOL. 7:2, p. 157-187 |
| Index terms: | Economic growth Economic geography International economics |
| Freeterms: | Spillovers |
| Language: | eng |
| Abstract: | Rates of long-run economic growth are not independent across countries. To account for this dependent the authors decompose the spatial coveriance function of growth rates into a function of each country's own observable characteristic, its unobservable characteristics, and cross-country spillovers. The authors use this structure to estimate the magnitude of economic interdependence among nations, and to give a nonparametric characterization of the relationship between economic distance and the magnitude of cross-country spillovers. |
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