Regional Convergence Clusters Across Europe

Danny Quah ()

No 1286, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Per capita incomes across European regions are not equal and do not stay constant; regional income distributions fluctuate over time. Such a process could have many possible limiting outcomes: complete equality (convergence), stratification, and continually increasing inequality are but three distinct possibilities. This paper asks if nation-state, macro factors and physical-geography spillover effects help explain the observed distribution dynamics across European regions. Geographical factors are found to matter more than national ones; but both are important for explaining inequality dynamics.

Keywords: Conditioning; Dematerialization; Distribution Dynamics; Economic Geography; Knowledge-based Economy; Location (search for similar items in EconPapers)
JEL-codes: C22 C23 D63 O30 O57 (search for similar items in EconPapers)
Date: 1996-01
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