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Convergence of EU-Regions. A Literature Report

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  • Eckey, Hans-Friedrich

    (University of Kassel)

  • Türck, Matthias

    (University of Kassel)

Abstract

The main focus of convergence studies surrounds the question ofwhether poor economies catch up to wealthier economies over time. The regionalconvergence process in Europe has generated considerable interest in recent years.Due to financial straits regional convergence is a central question, since importantfunds aim at diminishing disparities. There are many studies published recently dealingwith this issue using different empirical approaches. The β-convergence framework,which was introduced by Barro and Sala-i-Martin, is, for instance, an oftenused approach. This paper provides a critical review of the used approaches and summarisesthe results. A special problem is that authors refer to different periods andMember State groups (EU-9, EU-15, etc.). Altogether it can be stated that most modelsfind a slow convergence process. In particular, the increase of regional inequalitiescaused by the enlargement of the EU with the New Member States from Centraland Eastern Europe explains the existence of convergence clubs.

Suggested Citation

  • Eckey, Hans-Friedrich & Türck, Matthias, 2007. "Convergence of EU-Regions. A Literature Report," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 10, pages 5-32.
  • Handle: RePEc:ris:invreg:0132
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    More about this item

    Keywords

    Regional Convergence; Literature Report; Europe;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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