Spatial inequality, regional growth, and economic geography

Jenny Chan, Sebastian Ellingsen and Helen Simpson
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Jenny Chan: Bank of England
Sebastian Ellingsen: University of Bristol

No 1152, Bank of England Staff Working Paper series from Bank of England

Abstract: This paper explores the patterns of spatial income disparities within countries throughout the 20th Century. Following World War II, regional income gaps initially narrowed; however, the rate of convergence has slowed in recent decades, with regional divergence evident in some countries. Despite narrowing income gaps, the incomplete nature of regional income convergence has led to persistent income gaps across the regions in our sample. We synthesise recent contributions seeking to explain these patterns, with an emphasis on insights from quantitative economic geography and macroeconomics.

Keywords: Economic geography; growth; inequality (search for similar items in EconPapers)
JEL-codes: F62 O11 R11 (search for similar items in EconPapers)
Pages: 60
Date: 2025-11-14
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Persistent link: https://EconPapers.repec.org/RePEc:boe:boeewp:023274

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