Luis Fernando Lanaspa-Santolaria (Department of Economics, University of Zaragoza, Gran Via 2, 50005, Zaragoza, Spain) Antonio Montañés (Department of Economics, University of Zaragoza, Gran Via 2, 50005, Zaragoza, Spain) Luisa Irene Olloqui-Cuartero (Department of Economics, University of Zaragoza, Gran Via 2, 50005, Zaragoza, Spain) Fernando Sanz-Gracia (Department of Economics, University of Zaragoza, Gran Via 2, 50005, Zaragoza, Spain)
Additional information is available for the following
registered author(s):
Regional inversion is the name given to the phenomenon whereby the traditional industrial areas of certain countries lose their weight in favor of what were formerly peripheral zones. Against this background our first objective is to offer a formal and rigorous definition of the concept of regional inversion from an econometric standpoint. To that end we relate such a process with the long-run concepts of convergence and catching-up. Secondly, we test this definition through the use of unit root statistics and apply these to demonstrate the presence of this phenomenon in some of the US two-digit SIC industries.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.