More similar and less equal. Economic growth in the European regions
AbstractThis paper examines the growth process of 109 European regions using a new data base. Applying various statistical tools, it studies the evolution of two variables - per capita income and labour productivity. The convergence process is also analysed at the sectoral level. The main results are the following. There has been a clear process of aggregate productivity convergence across the European regions over the 1980s. At the sectoral level, the picture is far more intricate - there has not been convergence in agriculture, while the industrial and services sectors show ?-convergence accompanied by a constant degree of dispersion in the distribution. Most crucially the regional dispersion in per capita income has remained almost constant, so that the differences in wealth conditions of the European citizens are still extremely high. This last result suggests the need for more effective regional policies by the European Union and the national governments
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Bibliographic InfoPaper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 199609.
Date of creation: 1996
Date of revision:
Other versions of this item:
- Raffaele Paci, 1997. "More similar and less equal: Economic growth in the European regions," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(4), pages 609-634, December.
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
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