چکیده:
The rates of long run economic growth and the degree of economic interdependence
among nations are related. These dependencies, linkages or spillovers are
related to different aspects of development mainly to economics and geography.
Adding a geography dimension, the Ordinary Least Squares models lead to
inefficient estimates and invalid statistical inferences. A nonparametric[2]
spatial econometric methods and a distance based weight system is used to take
into account spatial covariance in terms of the long run economic growth rates
of a country’s unobservable characteristics rather than a country’s own
observable characteristics, or the cross-country spillover effects among
nations. To measure the degree of development among countries, there is a need
to compute these relationships. This variance-covariation reflects more than
the existence of common shocks. That is, a country’s growth rate is closely
related to its nearby countries, and trading alone does not appear responsible
for these linkages, but being near a large market can contribute more to growth
rates.
خلاصه ماشینی:
"A nonparametric[2] spatial econometric methods and a distance based weight system is used to take into account spatial covariance in terms of the long run economic growth rates of a country’s unobservable characteristics rather than a country’s own observable characteristics, or the cross-country spillover effects among nations.
To build a spatial econometric model of the 57 OIC state members[2], more than 15 cross-sectional data sets of economics and technology over a period of twenty years (1980−2000) are pooled to estimate the GDP per capita growth rates of each country.
To advocate this kind of development process it is critical to reexamine very seriously the indicators in modeling of the OIC member states because of the following reasons: (1)- The first reason, leads to a theory, or a set of contradictory theories, in which regional integration (countries of different size at different stages) has created a big debate among economists both for the opportunities and the ______________________________ [1]- Note that, the collective strategies to overcome the possible problems or the information to offer for promoting efficiency gains in facilitating integration or cooperation among members does not address and apply here.
Given some measure of geographic distance such as distancebased weight in GWR model, and following the Conley and Ligon (2002) model, the spatial covariance functions to characterize the statistical dependence of variables across countries can be defined and estimated."