On the Sources of Convergence: A Close Look at the Spanish Regions

Angel de La Fuente ()

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: The dominant view in the recent literature on regional convergence seems to be that the evolution of regional incomes in the industrial countries is characterized by very slow but absolute beta convergence. In this paper we challenge this view on the basis of an analysis of the Spanish experience. We develop and estimate a simple descriptive growth model which allows for factor accumulation, technological diffusion and rate effects from human capital and includes fixed regional effects to convergence.

Keywords: ECONOMIC GROWTH; ECONOMIC DEVELOPMENT; REGIONAL ANALYSIS; TECHNOLOGY; EUROPE (search for similar items in EconPapers)
JEL-codes: O18 O30 O40 O52 R11 (search for similar items in EconPapers)
Date: 1996
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Related works:
Working Paper: On the sources of convergence: A close look at the Spanish regions
Working Paper: On the Sources of Convergence: A Close Look at the Spanish Regions (1996)
Journal Article: On the sources of convergence: A close look at the Spanish regions (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:aub:autbar:362.96

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