Growth and Convergence-Divergence Trends in the European Union

Journal title SCIENZE REGIONALI
Author/s George Petrakos, Ageliki Anagnostou, Panagiotis Artelaris, Yannis Psycharis
Publishing Year 2008 Issue 2008/Suppl. 2
Language English Pages 20 P. 9-28 File size 68 KB
DOI
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

This paper proposes a new framework for analysis of the determinants of regional income inequality. Using NUTS III data for the EU-27 countries in the period 1995-2004, it provides evidence that regional inequalities in the EU countries follow a pro-cyclical pattern, while spread effects appear only at advanced levels of development. Market-driven processes are found to increase inequalities, while public policies tend partly to off-set the cumulative effects of growth on space. The paper also provides evidence on the impact of EU integration, as well as the impact of structural change on regional inequalities. Its findings may have significant implications for theory and policy. Keywords: regional inequalities, convergence, growth, development JEL classification codes: R10, R11, R58<em>

George Petrakos, Ageliki Anagnostou, Panagiotis Artelaris, Yannis Psycharis, Growth and Convergence-Divergence Trends in the European Union in "SCIENZE REGIONALI " Suppl. 2/2008, pp 9-28, DOI: