ECONOMETRIC ANALYSIS OF INCOME CONVERGENCE IN SELECTED EU COUNTRIES AND THEIR NUTS 3 LEVEL REGIONS
The paper estimates equations for regional income convergence in selected EU countries and their NUTS 3 level regions during the European Union pre-enlargement period (1995–2002), using both spatial and non-spatial approaches. There has been absolute income convergence between regions in both the groups of countries looked at, the countries of the EU15, or the old member states, and the new member states or NMS. When national effects are included in convergence equations using country dummies, no evidence of regional income convergence can be observed. The results of the analysis assert the importance of regional policies in inhibiting the increase of regional income disparities and improving conditions for income growth, particularly within the new member states.
Year of publication: |
2007
|
---|---|
Authors: | Paas, Tiiu ; Kuusk, Andres ; Schlitte, Friso ; Võrk, Andres |
Institutions: | Majandusteaduskond, Tartu Ülikool |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Econometric Analysis of Income Convergence in Selected EU Countries and Their Nuts 3 Level Regions
Paas, Tiiu, (2008)
-
CONTAGION OF FINANCIAL CRISES WITH SPECIAL EMPHASIS ON CEE ECONOMIES: A METAANALYSIS
Kuusk, Andres, (2010)
-
Regional income convergence during the pre-enlargement period of the European Union
Paas, Tiiu, (2006)
- More ...