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Convergence of EU-Regions. A Literature Report

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Author Info
Hans-Friedrich Eckey () (Department of Economics, University of Kassel)
Matthias Türck () (Department of Economics, University of Kassel)
Abstract

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 2006
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Handle: RePEc:kas:wpaper:2006-80

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Related research
Keywords: Regional Convergence; Literature Report; Europe;

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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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