THE NEXUS BETWEEN REGIONAL GROWTH AND TECHNOLOGY ADOPTION: A CASE FOR CLUB-CONVERGENCE?
Although the importance of technology adoption has been acknowledged, nevertheless, at a more general level, a critical question arises: what is the implication of a ‘low’ or a ‘high’ adoptive ability for regional convergence? A model is developed in which the pattern of convergence is attributed to the rate of technological adoption across regions. According this model convergence towards leading regions is feasible only for regions with a sufficient ability to adopt technology. A scheme of measurement is developed to calibrate this argument and data for the EU27 NUTS-2 regions for period 1995-2006 are used to develop an empirical analysis of the processes and conditions that have been hypothesised as generating differential regional economic change. The results suggest that adoption of technology has a significant effect on regional growth patterns in Europe, and hence the analysis has important implications for the direction of regional policy in Europe.
 Alexiadis, S. 2010. Interregional Differences in Adoptive Abilities: An Alternative Framework. Forthcoming in Regional Science Inquire
 Bernard, A., and Jones, C. 1996. Technology and Convergence. Economic Journal 106: 1037-44.
 Barro, R., and Sala-i-Martin, X. 1992. Convergence. Journal of Political Economy 100: 223-51.
 Boldrin, M., and Canova, F. 2001. Inequality and Convergence in Europe’s Regions: Reconsidering European Regional Policies. Economic Policy. 16: 207-53.
 Borts, G., and Stein J. 1964. Economic Growth in a Free Market. Columbia University Press.
 Button, K., and Pentecost, E. 1995. Testing for Convergence of the EU Regional Economies. Economic Inquiry 33: 664-71.
 Durlauf, S., and Quah, D. 1999. The New Empirics of Economic Growth. In J. Taylor and M. Woodford (eds) Handbook of Macroeconomics. Amsterdam: Elsevier, 235-308.
 Fischer, M., and Stirböck, C. 2006. Pan-European Regional Income Growth and Club-Convergence. Annals of Regional Science, 40: 693-721.
 Funke, M,. and Niebuhr, A. 2005. Regional Geographic Research and Development Spillovers and Economic Growth: Evidence from West Germany. Regional Studies 39: 143-53.
 Martin, R. 2001. EMU versus the Regions? Regional Convergence and Divergence in Euroland. Journal of Economic Geography 1: 51-80.
 Neven, D., and Gouyette, C. 1995. Regional Convergence in the European Community. Journal of Common Market Studies 33: 47-65.
 Pigliaru, F. 2003. Detecting Technological Catch-up in Economic Convergence. Metroeconomica 54: 161-78.
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.