Club Convergence In European Regions
This study investigates the 'club convergence' hypothesis applying the stochastic notion of convergence to groups of European regions. In order to avoid the group selection bias problem, the innovative regression tree technique was applied to select endogenously the most important variables in achieving the best identification of groups on the base of per capita income and productive specialization. Tests on stochastic convergence in each group evidences a strong convergence among the wealthiest regions of the European Union and a trend of weak convergence among the remaining groups, confirming Baumol's hypothesis of convergence.
(This abstract was borrowed from another version of this item.)
|Date of creation:||Apr 2005|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://economia.uniparthenope.it/ise/sito/index.htm
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antonio Garofalo & R. Plasman & Concetto Paolo Vinci, 2000. "Reducing Working Time In An Efficiency Wage Economy With A Dual Labour Market," Working Papers 7_2000, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
When requesting a correction, please mention this item's handle: RePEc:prt:wpaper:3_2005. 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: (Antonietta Milano)
If references are entirely missing, you can add them using this form.