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Economic Growth and Regional Disparities in Slovenia

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  • Biswajit Banerjee
  • Manca Jesenko

Abstract

B anerjee B. and J esenko M. Economic growth and regional disparities in Slovenia, Regional Studies . Regional disparities in gross domestic product (GDP) per capita and labour utilization have widened in Slovenia since 1999. However, regional gaps in per capita household disposable income have declined because of higher social transfers to the poorest regions, inter-regional commuting and other factors. Econometric analysis shows that there is heterogeneity in steady-states across regions, and regional growth in per capita GDP and labour productivity are converging to these region-specific steady-states. Time-series approach to convergence confirms stochastic trend convergence in both indicators for several regions. Labour productivity growth has been driven by capital deepening and growing importance of total factor productivity (TFP) improvement.

Suggested Citation

  • Biswajit Banerjee & Manca Jesenko, 2015. "Economic Growth and Regional Disparities in Slovenia," Regional Studies, Taylor & Francis Journals, vol. 49(10), pages 1722-1745, October.
    • Handle: RePEc:taf:regstd:v:49:y:2015:i:10:p:1722-1745
    DOI: 10.1080/00343404.2013.879981
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    References listed on IDEAS

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    1. Magdalena Morgese Borys & Éva Katalin Polgár & Andrei Zlate, 2008. "Real convergence and the determinants of growth in EU candidate and potential candidate countries - a panel data approach," Occasional Paper Series 86, European Central Bank.
    2. Morgese Borys, Magdalena & Polgár, Éva Katalin & Zlate, Andrei, 2008. "Real convergence and the determinants of growth in EU candidate and potential candidate countries: a panel data approach," Occasional Paper Series 86, European Central Bank.
    3. Peter Wostner, 2003. "Regional Disparities in Transition Economies: the case of Slovenia," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2003(1).
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    1. Smirnykh, Larisa & Woergoetter, Andreas, 2021. "Regional convergence in CEE before and after the Global Financial Crisis," IHS Working Paper Series 33, Institute for Advanced Studies.
    2. Sergej Gričar & Nemanja Lojanica & Saša Obradović & Štefan Bojnec, 2023. "Unlocking Sustainable Commuting: Exploring the Nexus of Macroeconomic Factors, Environmental Impact, and Daily Travel Patterns," Energies, MDPI, vol. 16(20), pages 1-27, October.
    3. Sarah J. Carrington & Pablo Jiménez‐Ayora, 2021. "Shedding light on the convergence debate: Using luminosity data to investigate economic convergence in Ecuador," Review of Development Economics, Wiley Blackwell, vol. 25(1), pages 200-227, February.
    4. Yiheng Zhu & Shan Yang & Jinping Lin & Shanggang Yin, 2022. "Spatial and Temporal Evolutionary Characteristics and Its Influencing Factors of Economic Spatial Polarization in the Yangtze River Delta Region," IJERPH, MDPI, vol. 19(12), pages 1-20, June.
    5. Samatas, Andreas & Makrominas, Michalis & Moro, Andrea, 2019. "Financial intermediation, capital composition and income stagnation: The case of Europe," Journal of Economic Behavior & Organization, Elsevier, vol. 162(C), pages 273-289.

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