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Regional Per Capita Income Convergence in Austria

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  • Helmut Hofer
  • Andreas Worgotter

Abstract

HOFER H. and WORGOTTER A. (1997) Regional per capita income convergence in Austria, Reg. Studies 31, 1-12. The question of whether there is a tendency for regional convergence has become a central topic for economic research. This paper examines growth and dispersion of output per capita across nine Austrian regions and 84 districts. Time series analysis of the Austrian regions finds no evidence for cointegration between regional output and national output. We extend our empirical work by estimating convergence regressions for Austrian regions and districts. The rate of convergence β is about 1% a year and indicates a convergence pattern with a very slow pace. If we include dummy variables for type of district we estimate β=2% which is a familiar value from other studies. HOFER H. et WORGOTTER A. (1997) La convergence des revenus regionaux par tete, Reg. Studies 31, 1-12. La tendance eventuelle a la convergence regionale est devenue un theme principal de la recherche economique. Cet article examine la croissance et la dispersion de la production par tete a travers neuf regions et quatre-vingt-quatre districts en Autriche. A la suite d'une analyse en serie temporelle des regions autrichiennes, il s'avere qu'il n'y a pas de preuves pour appuyer la cointegration entre la production regionale et la production nationale. Le travail empirique se voit etendre en estimant des regressions de convergence pour les regions et les districts en Autriche. Il s'avere que le taux de convergence β se chiffre a environ 1% par an et laisse voir un taux de convergence tres lent. Si on inclut des variables muettes pour tenir compte du genre de district, l'estimation de β=2%, ce qui constitue une valeur conforme a celle des autres etudes. HOFER H. und WORGOTTER A. (1997) Regionale Konvergenz der Pro-Kopf-Einkommen in Osterreich, Reg. Studies 31, 1-12. Die Frage, ob es eine Tendenz zu regionaler Konvergenz gibt, ist fur die Wirtschaftswissenschaft zu einem Thema von zentraler Bedeutung geworden. Dieser Aufsatz untersucht Wachstum und Streuung der Pro-Kopf-Einkommen fur neun Regionen und 84 Bezirke in Osterreich. Zeitreihenanalysen fur die osterreichischen Regionen finden keine Hinweise auf Kointegration zwischen regionalem und landesweitem Wachstum. Die empirische Arbeit wurde auf die Berechnung von Konvergenzregressionen fur osterreichische Bezirke und Regionen ausgedehnt. Die Konvergenzrate g betragt betragt etwa 1%/Jahr, und weist auf ein Konvergenzmuster sehr gemassigten Tempos hin. Bei Einbeziehung von Dummyvariablen fur Bezirketypen ergab sich g =2%, ein Wert, der von anderen Untersuchungen her wohlbekannt ist.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 31 (1997)
Issue (Month): 1 ()
Pages: 1-12

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Handle: RePEc:taf:regstd:v:31:y:1997:i:1:p:1-12

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Related research

Keywords: Regional Growth Differentials; Convergence Regressions;

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