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Regional Per Capita Income Convergence in Austria

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Author Info
Helmut Hofer, Andreas Wörgötter

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Abstract

HOFER H. and WO¨RGO¨TTER 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 beta 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 beta=2% which is a familiar value from other studies. HOFER H. et WÖRGÖTTER A. (1997) La convergence des revenus régionaux par tête, Reg. Studies 31, 1-12. La tendance éventuelle à la convergence régionale est devenue un thème principal de la recherche économique. Cet article examine la croissance et la dispersion de la production par tête à travers neuf régions et quatre-vingt-quatre districts en Autriche. A la suite d'une analyse en série temporelle des régions autrichiennes, il s'avère qu'il n'y a pas de preuves pour appuyer la cointégration entre la production régionale et la production nationale. Le travail empirique se voit étendre en estimant des régressions de convergence pour les régions et les districts en Autriche. Il s'avère que le taux de convergence beta se chiffre à environ 1% par an et laisse voir un taux de convergence très lent. Si on inclut des variables muettes pour tenir compte du genre de district, l'estimation de beta=2%, ce qui constitue une valeur conforme à celle des autres études. HOFER H. und WÖRGÖTTER A. (1997) Regionale Konvergenz der Pro-Kopf-Einkommen in Österreich, Reg. Studies 31, 1-12. Die Frage, ob es eine Tendenz zu regionaler Konvergenz gibt, ist für die Wirtschaftswissenschaft zu einem Thema von zentraler Bedeutung geworden. Dieser Aufsatz untersucht Wachstum und Streuung der Pro-Kopf-Einkommen für neun Regionen und 84 Bezirke in Österreich. Zeitreihenanalysen für die österreichischen Regionen finden keine Hinweise auf Kointegration zwischen regionalem und landesweitem Wachstum. Die empirische Arbeit wurde auf die Berechnung von Konvergenzregressionen für österreichische Bezirke und Regionen ausgedehnt. Die Konvergenzrate g beträgt beträgt etwa 1%/Jahr, und weist auf ein Konvergenzmuster sehr gemäßigten Tempos hin. Bei Einbeziehung von Dummyvariablen für Bezirketypen ergab sich g =2%, ein Wert, der von anderen Untersuchungen her wohlbekannt ist.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Regional Studies.

Volume (Year): 31 (1997)
Issue (Month): 1 (February)
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;

Cited by:
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  1. George W. Hammond & Eric Thompson, 2002. "Mobility and Modality Trends in US State Personal Income," Regional Studies, Taylor and Francis Journals, vol. 36(4), pages 375-387, June. [Downloadable!] (restricted)
  2. Michael Beenstock & Daniel Felsenstein, 2003. "Decomposing the Dynamics of Regional Earnings Disparities in Israel," ERSA conference papers ersa03p90, European Regional Science Association. [Downloadable!]
  3. Duasa, Jarita, 2008. "Income convergence of divergence? Study on selected Muslim countries," MPRA Paper 11563, University Library of Munich, Germany. [Downloadable!]
  4. DOBSON, Steve & RAMLOGAN, Carlyn & STROBL, Eric, 2003. "Why do rates of convergence differ ? A meta-regression analysis," CORE Discussion Papers 2003020, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
  5. Yingqi Wei & Xiaming Liu & Haiyan Song & Peter Romilly, 2001. "Endogenous innovation growth theory and regional income convergence in China," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(2), pages 153-168. [Downloadable!]
  6. Paul Evans, 1998. "Income Dynamics in Regions and Countries," Working Papers 98-09, Ohio State University, Department of Economics. [Downloadable!]
  7. Mihai Nica, 2004. "Convergence in Mississippi: A Spatial Approach," Urban/Regional 0408007, EconWPA. [Downloadable!]
  8. Nicholas Vasilakos & Nikolay Zubanov, 2009. "Income Convergence and R&D Intensity in OECD Manufacturing Industries: A Panel Study," Discussion Papers 09-09, Department of Economics, University of Birmingham. [Downloadable!]
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