Convergence of EU-regions: A literature report

Arbeitspapier

Convergence studies are concerned with the question of whether poor economies catch-up to wealthier economies over time. The regional convergence process in Europe has generated considerable interest in recent years. Because of financial straits regional convergence is a central question, since important funds aim at diminishing disparities. There are many studies published recently dealing with this issue using different empirical approaches. Especially the β-convergence framework, which was introduced by Barro and Sala-i-Martin, is often used. This paper provides a critical review of the different approaches and summarizes the results. Altogether it can be stated that most models find a slow convergence - global or only referring to some regions (convergence clubs).

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 80

Classification and Topics

• Classification: Wirtschaft ; One, Two, and Multisector Growth Models ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; Size and Spatial Distributions of Regional Economic Activity
• Subject: Regional Convergence ; Literature Report ; Europe

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Eckey, Hans-Friedrich ; Türck, Matthias
• Event: Veröffentlichung
• (who): Universität Kassel, Fachbereich Wirtschaftswissenschaften
• (where): Kassel
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/32143
• Last update: 10.03.2025, 11:42 AM CET