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Regional Economic Development and Convergence Clubs in Uruguay

Diego Aboal (), Bibiana Lanzilotta, Martin Pereyra () and Maria Paz Queraltó ()

No 17902, Documentos de Trabajo from The Latin American and Caribbean Economic Association (LACEA)

Abstract: This work contributes to the regional development literature by constructing a multidimensional indicator of regional development and carrying out a convergence analysis applying the novel methodology of Philips and Sul (2007). The convergence analysis contrast processes of global and in clubs convergence of regions in Uruguay in the period 2007-2015. The findings rule out the hypothesis of global convergence for the period analyzed, but it identifies convergence in clubs, distinguishing 3 clubs with specific development dynamics. The paper adds to the debate of place based versus place neutral policies.

Keywords: Regional economic development; multidimensional indicator; convergence; clubs (search for similar items in EconPapers)
JEL-codes: C33 O18 (search for similar items in EconPapers)
Pages: 25
Date: 2020-02-13
New Economics Papers: this item is included in nep-geo
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http://vox.lacea.org/files/Working_Papers/lacea_wp ... pereyra_queralto.pdf

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Working Paper: Regional economic development and convergence clubs in Uruguay (2020) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:col:000518:017902

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