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Convergence of EU-Regions. A Literature Report Author info | Abstract | Publisher info | Download info | Related research | Statistics Hans-Friedrich Eckey () (Department of Economics, University of Kassel)
Matthias Türck () (Department of Economics, University of Kassel)
Convergence studies are concerned with the question of whether poor economies catch-up to wealthier economies over time. The regional convergence process in Europe has generated considerable interest in recent years. Because of financial straits regional convergence is a central question, since important funds aim at diminishing disparities. There are many studies published recently dealing with this issue using different empirical approaches. Especially the â-convergence framework, which was introduced by Barro and Sala-i-Martin, is often used. This paper provides a critical review of the different approaches and summarizes the results. Altogether it can be stated that most models find a slow convergence - global or only referring to some regions (convergence clubs).
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Paper provided by University of Kassel, Institute of Economics in its series Discussion Papers in Economics with number
80/06.
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Length: 26 pages
Date of creation: Feb 2006Date of revision:
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Keywords: Regional Convergence Literature Report Europe Find related papers by JEL classification: O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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