6533b7cffe1ef96bd1258d50

RESEARCH PRODUCT

A Spatial Econometric Analysis of Convergence Across European Regions, 1980–1995

Julie Le GalloCem ErturCatherine Baumont

subject

Rate of convergencebusiness.industryEconometricsEconomicsEconometric analysisDistribution (economics)Convergence (economics)Spatial dependencebusinessSpatial analysisGross domestic product

description

The convergence of European regions has been largely discussed in the macroeconomic and the regional science literature during the past decade. Two observations are often emphasized. First, the convergence rate among European regions appears to be very slow in the extensive samples considered (Barro and Sala-iMartin 1991, 1995; Armstrong 1995a; Sala-i-Martin 1996a, 1996b). Second, as shown in Ertur and Le Gallo (see Chap. 2), the geographical distribution of European per capita GDP is highly clustered.

https://doi.org/10.1007/978-3-662-07136-6_4