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Do regional economies converge?

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  • Peter Arena
  • Kenneth Button
  • Somik Lall

Abstract

Current interest in the new economic growth theory, linked with the development of new, innovative methods of measurement, has resurrected interest in spatial economic convergence. The primary objective of this paper is to examine the extent that regional economies seem to be converging or diverging. It explores the expanding theoretical literature in the field and examines the growing body of empirical evidence that has emerged in recent years not only in the U.S. but also internationally. The paper is retrospective but also embraces new findings relating to the United Kingdom and the U.S., putting particular emphasis on long- and short-term indicators of economic convergence. Copyright International Atlantic Economic Society 2000

Suggested Citation

  • Peter Arena & Kenneth Button & Somik Lall, 2000. "Do regional economies converge?," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(1), pages 1-15, February.
    • Handle: RePEc:kap:iaecre:v:6:y:2000:i:1:p:1-15:10.1007/bf02295748
    DOI: 10.1007/BF02295748
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    Cited by:

    1. Sousa, Cândido T. & Pereira, Elisabeth T., 2012. "A Contribution to the Empirics of Convergence: the Case of the European State Members," MPRA Paper 62017, University Library of Munich, Germany.
    2. Maria Abreu & Henri L. F. de Groot & Raymond J. G. M. Florax, 2005. "A Meta‐Analysis of β‐Convergence: the Legendary 2%," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 389-420, July.
    3. Maria Abreu & Henri L.F. de Groot & Raymond J.G.M. Florax, 2005. "A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent," Tinbergen Institute Discussion Papers 05-001/3, Tinbergen Institute.

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