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Convergence of EU-Regions. A Literature Report


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  • Hans-Friedrich Eckey

    (Department of Economics, University of Kassel)

  • Matthias Türck

    (Department of Economics, University of Kassel)

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    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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    Bibliographic Info

    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 2006
    Date of revision:
    Handle: RePEc:kas:wpaper:2006-80

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    Related research

    Keywords: Regional Convergence; Literature Report; Europe;

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