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Threshold Conditions and Regional Convergence in European Agriculture

Stilianos Alexiadis and Alexandros Alexandrakis
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Alexandros Alexandrakis: Technological Education Institute of Serres, Serres, Greece

International Journal of Business and Economic Sciences Applied Research (IJBESAR), 2008, vol. 1, issue 2, 13-37

Abstract: Convergence across regional economies has spurred one of the most debatable issues in contemporary research in economics. In this paper we seek to address the question of whether, during the period 1995-2004 the NUTS-2 regions of EU-26 exhibited a tendency to converge in terms of agricultural labour productivity. The approach used in this paper is mainly quantitative, with emphasis on empirical results. However, it is hoped that this paper will be able to isolate some interesting views on the issue of regional convergence in Europe. Application of a series of models indicates that the NUTS-3 regions follow a pattern of club-convergence. This pattern is attributed to initial 'threshold conditions' that determine the composition of the convergence-club.

Keywords: Conditional and Club-Convergence; Agriculture; European Union (search for similar items in EconPapers)
JEL-codes: Q10 O47 C2 (search for similar items in EconPapers)
Date: 2008
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International Journal of Business and Economic Sciences Applied Research (IJBESAR) is currently edited by Christos Grose and Persefoni Polychronidou

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