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

Author

Listed:
  • 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.

Suggested Citation

  • Panagiotis ARTELARIS & Dimitris KALLIORAS & George Petrakos, 2010. "Regional inequalities and convergence clubs in the European Union new member-states," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 113-133, June.
    • Handle: RePEc:jes:journl:y:2010:v:1:p:113-133
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    References listed on IDEAS

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