Konferenzbeitrag

Regional Income Inequality and Convergence Processes in the EU-25

The paper investigates income inequality and convergence among the EU-25 countries and their regions at NUTS 3 (Nomenclature of Territorial Units for Statistics) level during the period 1995-2002. We measure the level of income inequality and its decomposition distinguishing the between and within country inequality as the components of the overall income inequality of EU-25, EU-15 and the new member states (NMS) of the EU recent enlargement in May 2004. In order to assess the inequality in living standards GDP in purchasing power standards (PPS) is used. In the empirical analysis of the convergence processes we consider the effects of interactions among neighbouring regions implementing spatial econometrics techniques. The estimation results are sensitive to the control for national effects. While the EU-25 and the EU-15 experienced a slow but significant process of absolute convergence there is no evidence found for regional convergence when national effects are considered. In the NMS the process of conditional convergence across regions even turns out to be significantly negative. This indicates that there were some divergence tendencies in the NMS during the period of 1995 – 2002.

Sprache
Englisch

Erschienen in
Series: 46th Congress of the European Regional Science Association: "Enlargement, Southern Europe and the Mediterranean", August 30th - September 3rd, 2006, Volos, Greece

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Paas, Tiiu
Schlitte, Friso
Ereignis
Veröffentlichung
(wer)
European Regional Science Association (ERSA)
(wo)
Louvain-la-Neuve
(wann)
2006

Handle
Letzte Aktualisierung
12.07.2024, 13:24 MESZ

Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Paas, Tiiu
  • Schlitte, Friso
  • European Regional Science Association (ERSA)

Entstanden

  • 2006

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