Regional Income Inequality and Convergence Processes in the EU-25

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19384

Title:	Regional Income Inequality and Convergence Processes in the EU-25
Keywords:	O11 R11 C21 C23 ddc:330 regional inequality convergence EU-25 regional interactions spatial econometrics
Issue Date:	16-Oct-2013
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Description:	This paper deals with the development of regional income disparities and convergence processes in the countries of the European Union. Overall, 861 regions – mainly at the regional level NUTS-3 – of the EU enlarged in May 2004 are analysed for the period 1995 - 2003. We use the two classical concepts of s – and ß-convergence. Furthermore, spatial econometric methods were applied in order to identify existing spatial interaction and to control effects of spatial autocorrelation. The analyses show that poorer regions mainly situated in the European periphery have tended to grow faster than the relatively rich European core regions. However, this catching-up process has been painfully slow and it has been driven mainly by national factors. Particularly, national growth rates in the new member states have been dominated by very dynamic metropolitan areas that had experienced relatively high income levels already at the outset in 1995. As a consequence, in the course of a general catching-up process, regional disparities within the new member countries have increased.
URI:	http://koha.mediu.edu.my:8181/xmlui/handle/10419/19384
Other Identifiers:	http://hdl.handle.net/10419/19384 ppn:521352339 RePEc:zbw:hwwadp:355
Appears in Collections:	EconStor

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