Regional economic dynamics and convergence in the european union

Enrique Lopez-Bazo, Esther Vaya Valcarce, Toni Mora and Jordi Suriñach

No 12, Working Papers in Economics from Universitat de Barcelona. Espai de Recerca en Economia

Abstract: Deepening in the European Union (EU) integration process has enhanced the question of economic disparities at a regional level. The convergence process observed until the late seventies was exhausted onwards in coincidence with important changes in the economic activity. The paper shows how these factors would have provoked a regional differenciated response that, despite being important, would have not strengthened the decrease in regional inequalities. We use an alternative and (in our opinion) richer approach to the traditional convergence analysis, where the evolution of the whole regional distribution is what matters and not that of a representative economy. Moreover, when analysing inequalities among regional economies, the geographical space acquire an outstanding role. Hence, we apply spatial association tests and relate them to the convergence analysis.

JEL-codes: O40 O52 R12 (search for similar items in EconPapers)
Pages: 0 pages
Date: 1997
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Citations: View citations in EconPapers (65)

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