Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261333 
Year of Publication: 
2017
Citation: 
[Journal:] Ekonomický časopis / Journal of Economics [ISSN:] 2729-7470 [Volume:] 65 [Issue:] 10 [Publisher:] Institute of Economic Research, Slovak Academy of Sciences [Place:] Bratislava [Year:] 2017 [Pages:] 918-934
Publisher: 
Institute of Economic Research, Slovak Academy of Sciences, Bratislava
Abstract: 
The aim of this paper is to investigate regional convergence of income at district level in Slovakia, and to answer the question of whether Slovak districts converge or diverge over time, and across different sectors of the Slovak economy. Our analyses are based on monthly income data on median wages and old-age pensions at district territorial level (LAU 1), and two types of convergence are assessed: convergence towards national median income and convergence towards regional (NUTS 3 regions) median income. Using the Markov chains on the spatially lagged bimonthly district medians we find that the highest degree of wages convergence is found in the districts of Banská Bystrica, Žilina and Nitra Regions; and the highest degree of old-age pensions convergence is found in the districts of Košice and Banská Bystrica Regions. The given trends are influenced by the wages development in different economic activity sectors in these regions.
Subjects: 
regional convergence
income polarization
Markov chains
Slovakia
JEL: 
I31
I32
D31
R12
Document Type: 
Article
Document Version: 
Published Version
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