Interactions between national and regional development
Sara Davies and
No 207, HWWA Discussion Papers from Hamburg Institute of International Economics (HWWA)
Williamson (1965) argued that catching up countries experiencing strong national growth tend also to see a widening in regional disparities, whereas in more developed economies strong national growth and falling regional disparities could go hand in hand. We find some evidence of a trade-off between national growth and regional dispersion in the EU's Cohesion countries, notably in Spain and Ireland. We also find some evidence of spread effects in some richer EU Member States, although no inevitable link between lower regional disparities and stronger national growth. The potential policy implications of this analysis are also examined.
Keywords: Cohesion; catching up; growth; EU regions; regional policy (search for similar items in EconPapers)
JEL-codes: O18 R58 R11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hwwadp:26187
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