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Structural Convergence of the National Economies of Europe

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  • Percoco, Marco
  • Dall'erba, Sandy
  • Hewings, Geoffrey

Abstract

Analysis of convergence has centered on movement of indices such as per capita incomes or welfare for countries or regions within countries. In this paper, the analysis focuses on the structure of economies in terms of the distribution of production across sectors and explores the implications of convergence of structure for a subset of EU countries. To assist in the exploration, some new methodology is introduced, based on the notion of a field of influence of change. A set of sensitivity indices and an associated importance matrix are constructed for a set of intercountry input-output tables. The results find that sectors at the European level are become more similar than the national economies as a whole.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1380.

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Date of creation: 2005
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Handle: RePEc:pra:mprapa:1380

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  1. Krugman, Paul & Venables, Anthony J., 1994. "Globalization and the Inequality of Nations," CEPR Discussion Papers 1015, C.E.P.R. Discussion Papers.
  2. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, vol. 108(449), pages 1009-25, July.
  3. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476, December.
  4. Krieger-Boden, Christiane, 2000. "Emu And The Industrial Specialization Of European Regions," ERSA conference papers ersa00p215, European Regional Science Association.
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Cited by:
  1. Höhenberger, Nicole & Schmiedeberg, Claudia, 2008. "Structural convergence of European countries," Center for European, Governance and Economic Development Research Discussion Papers 75, University of Goettingen, Department of Economics.
  2. Nicole Palan, 2010. "Measurement of Specialization – The Choice of Indices," FIW Working Paper series 062, FIW.

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