Arbeitspapier
Regional Convergence in the European Union: What are the Factors of Growth?
Despite years of deepening economic integration among the states and regions of the European Union, empirical research remains inconclusive about speed of convergence across regions, if not its existence. This paper provides a new look on convergence in the EU while focusing on development at regional level after the Great Recession. It uses the log t convergence test by Phillips and Sul (2007) to analyze the convergence in level of income among the European regions. Rather than supporting the convergence hypothesis, we identify five convergence clubs in which the regions converge in income growth rates. Investigating further the geographical distribution of the convergence clubs, we confirm high inequality within the member states and find large continuous area of high convergence clubs in the urbanized part of Western Europe. Furthermore, we investigated the determinants of convergence club membership using Logistic Regression. We found a low impact of any of the estimated variables on membership in the highest club but confirmed positive association of membership in the higher clubs with research and patent activities.
- Sprache
-
Englisch
- Erschienen in
-
Series: IES Working Paper ; No. 20/2021
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Econometric and Statistical Methods: Special Topics: General
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- Thema
-
Club Convergence
European Regions
log t test
Logistic regression
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pintera, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Charles University in Prague, Institute of Economic Studies (IES)
- (wo)
-
Prague
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pintera, Jan
- Charles University in Prague, Institute of Economic Studies (IES)
Entstanden
- 2021
Ähnliche Objekte (12)
Linking international trade and transport - what are the determining factors?
What are the stars?
What are the factors of tax evasion? New findings in the EVS Study
What are the determinants of hiring? The role of demand and supply factors
What are the factors of tax evasion? New findings in the EVS study
The Chinese: what they are, and what they are doing.
The Chinese : what they are, and what they are doing
What are the next steps?
Who are the actors and what are the factors that are used in models to map forest fire susceptibility? A systematic review
What are the factors behind pay settlements? : evidence from Spanish and British data
Value based management : what are the key success factors for a successful implementation?
What are the factors behind pay settlements? Evidence from Spanish and British data
Linking international trade and transport - what are the determining factors?
What are the stars?
What are the factors of tax evasion? New findings in the EVS Study
What are the determinants of hiring? The role of demand and supply factors
What are the factors of tax evasion? New findings in the EVS study
The Chinese: what they are, and what they are doing.
The Chinese : what they are, and what they are doing
What are the next steps?
Who are the actors and what are the factors that are used in models to map forest fire susceptibility? A systematic review
What are the factors behind pay settlements? : evidence from Spanish and British data
Value based management : what are the key success factors for a successful implementation?
What are the factors behind pay settlements? Evidence from Spanish and British data
Linking international trade and transport - what are the determining factors?
What are the stars?
What are the factors of tax evasion? New findings in the EVS Study
What are the determinants of hiring? The role of demand and supply factors
What are the factors of tax evasion? New findings in the EVS study
The Chinese: what they are, and what they are doing.
The Chinese : what they are, and what they are doing
What are the next steps?
Who are the actors and what are the factors that are used in models to map forest fire susceptibility? A systematic review
What are the factors behind pay settlements? : evidence from Spanish and British data
Value based management : what are the key success factors for a successful implementation?