Growth and convergence in Finland : effects of regional features
AbstractThis paper analyses convergence across the 88 subregions in Finland from 1934 to 1993. The results indicate a rather strong a convergence and intra-distribution dynamics of income levels. This indicates that, although the dispersion in subregional income levels has diminished, some ofthe poorer subregions have risen into a higher income category, whereas some of the middle income subregions have fallen into a lower category. Since this development has not been deterministic, the paper also tests for the existence of distinct regional features that determine growth and convergence. Major finding is that though some regional features tend to determine growth, only a few of them actually pass the test of robustness.
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Bibliographic InfoArticle provided by Finnish Economic Association in its journal Finnish Economic Papers.
Volume (Year): 11 (1998)
Issue (Month): 1 (Spring)
Find related papers by JEL classification:
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
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