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Economic integration, structural change, and uneven development in the European Union

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  • Cutrini, Eleonora

Abstract

The paper provides an empirical investigation on the evolution of spatial inequalities and structural change in Europe. It is found by the approach of Phillips and Sul (2007, 2009) that there is no global convergence. Instead, five distinct economic clubs that approach a common steady state are identified. With the consideration of a longer period after the global financial crisis compared to previous studies, it is possible to highlight the growing polarization that characterized the most recent years. A subsequent ordered logit regression provides evidence for club membership being explained by different regional economic structures and initial conditions. In particular, the analysis supports the view that a solid manufacturing base and specialization in high-productivity service activities are key explanatory variables of the differentiated development paths.

Suggested Citation

  • Cutrini, Eleonora, 2019. "Economic integration, structural change, and uneven development in the European Union," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 102-113.
  • Handle: RePEc:eee:streco:v:50:y:2019:i:c:p:102-113
    DOI: 10.1016/j.strueco.2019.06.007
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    References listed on IDEAS

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    Cited by:

    1. Ana-Maria Holobiuc, 2020. "Challenges For Regional Convergence In The European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 131-136, June.
    2. Kashif Iqbal & Hui Peng & Muhammad Hafeez & Khurshaid, 2020. "Analyzing the Effect of ICT on Migration and Economic Growth in Belt and Road (BRI) Countries," Journal of International Migration and Integration, Springer, vol. 21(1), pages 307-318, March.

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