@techreport{Eckey2005Convergence,
abstract = {Convergence studies are concerned with the question of whether poor economies catch-up to wealthier economies over time. The regional convergence process in Europe has generated considerable interest in recent years. Because of financial straits regional convergence is a central question, since important funds aim at diminishing disparities. There are many studies published recently dealing with this issue using different empirical approaches. Especially the ?-convergence framework, which was introduced by Barro and Sala-i-Martin, is often used. This paper provides a critical review of the different approaches and summarizes the results. Altogether it can be stated that most models find a slow convergence - global or only referring to some regions (convergence clubs).},
address = {Kassel},
author = {Hans-Friedrich Eckey and Matthias T\"{u}rck},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O41; R11; R12; 330; Regional Convergence; Literature Report; Europe},
language = {eng},
number = {80},
publisher = {Univ., Fachbereich Wirtschaftswiss.},
title = {Convergence of EU-regions: a literature report},
type = {Volkswirtschaftliche Diskussionsbeitr\"{a}ge},
url = {http://hdl.handle.net/10419/32143},
year = {2005}
}

