IDEAS home Printed from https://ideas.repec.org/a/onb/oenbfi/y2007i2b4.html
   My bibliography  Save this article

Development and Regional Disparities – Testing the Williamson Curve Hypothesis in the European Union

Author

Listed:
  • Béla Szörfi

    () (Kopint-Tárki Economic Research Institute)

Abstract

In this paper I examine the relationship between within-country regional disparities and the development of nations in the enlarged European Union. Using panel data methods, I find evidence on the Williamson curve hypothesis, which says that disparities are lower in the early stages of development, peak in middle-income stages, but diminish again as a country becomes rich. More importantly, however, I point out that several factors have a greater influence on disparities than national income. Among these country-specific factors, the date of EU accession plays an outstanding role, being responsible for more than one-half of the differences in regional disparities between the Member States. Four other factors connected to EU membership are also possible reasons for the disparities: the economic transition process in the new Member States, Economic and Monetary Union, the funds made available by the EU Structural and Cohesion Funds as well as effective institutions.

Suggested Citation

  • Béla Szörfi, 2007. "Development and Regional Disparities – Testing the Williamson Curve Hypothesis in the European Union," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 100-121.
  • Handle: RePEc:onb:oenbfi:y:2007:i:2:b:4
    as

    Download full text from publisher

    File URL: https://www.oenb.at/dam/jcr:93114358-b0ab-43ac-8269-ee772c2460ac/feei_2007_2_szoerfi_tcm16-79074.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:onb:oenbfi:y:2007:i:2:b:4. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Markus Eller) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/oenbbat.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.