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Regional inequalities and convergence clubs in the European Union new member-states

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Author Info

  • Panagiotis ARTELARIS

    ()
    (University of Thessaly, Greece)

  • Dimitris KALLIORAS

    ()
    (University of Thessaly, Greece)

  • George Petrakos

    ()
    (University of Thessaly, Greece)

Abstract

The paper assesses on empirical grounds the level and the evolution of regional inequalities in each European Union new member-state (EU NMS) and examines the possibility for the emergence of regional convergence clubs. The experience of the EU NMS is a unique situation, where relatively closed economic systems opened, almost at once, to the world economy and, at the same time, market mechanisms replaced central planning. Thus, understanding the spatial pattern of regional growth in the EU NMS may provide valuable insight for theory and policy. The application of non linear econometric models, which transcend the "all or nothing" logic behind conventional convergence analysis, has shown the existence of regional convergence clubs in many EU NMS. The identification of regional convergence clubs, irrespective of the pattern that emerges in each EU NMS, highlights the heterogeneous spatial impact of the EU economic integration process.

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Bibliographic Info

Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal Eastern Journal of European Studies.

Volume (Year): 1(1) (2010)
Issue (Month): (June)
Pages: 113-133

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Handle: RePEc:jes:journl:y:2010:v:1:p:113-133

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Related research

Keywords: new European Union member-states; regional inequalities; convergence clubs; Weighted Least Squares (WLS); integration;

References

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  1. Emili Tortosa-Ausina & Francisco Pérez & Matilde Mas & Francisco J. Goerlich, 2005. "Growth and Convergence Profiles in the Spanish Provinces (1965-1997)," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 147-182.
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Cited by:
  1. Marina Grusevaja & Toralf Pusch, 2011. "How does Institutional Setting Affect the Impact of EU Structural Funds on Economic Cohesion? New Evidence from Central and Eastern Europe," IWH Discussion Papers 17, Halle Institute for Economic Research.
  2. Vassilis Monastiriotis, 2011. "Regional Growth Dynamics in Central and Eastern Europe," LEQS – LSE 'Europe in Question' Discussion Paper Series 33, European Institute, LSE.
  3. Dimitris Kallioras & Panagiotis Artelaris & Lefteris Topaloglou & Maria Tsiapa, 2011. "Detecting the Growth Pattern(s) of the EU Border Regions: A Convergence Clubs Approach," ERSA conference papers ersa11p76, European Regional Science Association.

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