Was wir über die ß-Konvergenz europäischer Regionen wissen
In: List Forum Band 32
Convergence studies are concerned with the question of whether poor economies catch-up to wealthier economies over time. The regional convergence process in Europe has generated considerable interest in recent years. Because of financial straits regional convergence is a central question, since important funds aim at diminishing disparities. There are many studies published recently dealing with this issue using different empirical approaches. Especially the ß-convergence framework, which was introduced by BARRO and SALA-I-MARTIN, is often used. This paper provides a critical review of the different ap-proaches of ß-convergence and summarizes the results. Altogether it can be stated that most models find a slow convergence rate. (Original text only available in german language)
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