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Convergence of EU-regions: A literature report

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  • Eckey, Hans-Friedrich
  • Türck, Matthias
Abstract
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 β-convergence framework, which was introduced by Barro and Sala-i-Martin, is often used. This paper provides a critical review of the different approaches and summarizes the results. Altogether it can be stated that most models find a slow convergence - global or only referring to some regions (convergence clubs).

Suggested Citation

  • Eckey, Hans-Friedrich & Türck, Matthias, 2005. "Convergence of EU-regions: A literature report," Volkswirtschaftliche Diskussionsbeiträge 80, University of Kassel, Faculty of Economics and Management.
  • Handle: RePEc:zbw:kasvdb:80
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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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