Regional convergence clusters across Europe

Costas Megir and Danny Quah

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Per capita incomes across European regions are not equal and do not stay constant; regional income distributions uctuate over time. Such a process could have many possible limiting outcomes: complete equal- ity (convergence), stratication, and continually increasing inequality are but three distinct possibilities. This paper asks if nation-state, macro factors and physical-geography spillover eects 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 D30 D63 O30 O57 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1995-12
References: View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:2188

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