THE BETA-CONVERGENCE ANALYSIS AND REGIONAL DISPARITES IN EU-28

Mihaela Simionescu

Journal of Academic Research in Economics, 2014, vol. 6, issue 2 (June), 169-178

Abstract: The main objective of this research is to analyse the beta-convergence in European Union (EU-28), showing the regional income disparities. The estimated rate of convergence was around 0.46% in the EU-28. OLS tends to be biased, the substantive form of spatial autocorrelation being obvious for the data. The absolute convergence is at an annual rate of 1.85% between 2001 and 2012. The results of the estimations suggest not significant convergence within EU-28 members.

Keywords: convergence; regional disparities; Moran s I; spatial lag model; spatial error model. (search for similar items in EconPapers)
JEL-codes: C12 C21 F43 (search for similar items in EconPapers)
Date: 2014
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Journal Article: The Beta-convergence Analysis and Regional Disparities in EU-28 (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:shc:jaresh:v:6:y:2014:i:2:p:169-178

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