Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/32143
Authors: 
Eckey, Hans-Friedrich
Türck, Matthias
Year of Publication: 
2005
Series/Report no.: 
Volkswirtschaftliche Diskussionsbeiträge 80
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).
Subjects: 
Regional Convergence
Literature Report
Europe
JEL: 
O41
R11
R12
Document Type: 
Working Paper

Files in This Item:
File
Size
381.26 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.