EXPLORING REGIONAL CONVERGENCE: EVIDENCE FROM 19 EUROPEAN COUNTRIES, 1991-2008

Carlos Andrade, Carlos Pinho () and Maria de Fátima Pinho

Applied Econometrics and International Development, 2010, vol. 10, issue 2

Abstract: We focus on regional convergence based upon a sample of 19 European countries (1991-2008). After covering theoretical issues on -convergence and -convergence, we focused on the income distribution details. Our evidence confirms some results presented elsewhere, such as the convergence process ephemeral nature, the trend towards polarization, the relative region's position high degree of persistence and the 'convergence clubs' hypothesis admissibility. Our main novelty is the estimated shape for the ergodic distribution, revealing a long run trend towards the formation of more clusters. In sum, the catching-up process underway in Europe seems to be transient.

Keywords: regional growth; -convergence; -convergence; distribution dynamics; Europe (search for similar items in EconPapers)
JEL-codes: C14 O17 O47 O57 R11 (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.usc.es/economet/reviews/aeid1027.pdf
No.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:aeinde:v:10:y:2010:i:2_7

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Applied Econometrics and International Development from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().