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The evaluation of regional inequalities and the monitoring of their evolution (regional convergence/divergence analysis … appraises the effectiveness of regional policy. Extending the methodology of (regional) convergence clubs, the paper examines … for the existence of convergence clubs, in per capita GDP terms, among the NUTS III regions of Greece during the period …
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Do poor economies grow faster than rich ones? This important economic question (which we call [beta]-convergence) is … of convergence in both countries: poor prefectures and states grow faster. We also find that there is intraregional as … well as interregional convergence. We analyze the cross sectional standard deviation across prefectures and states. We find …
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forces that lead to convergence over time in levels of per capita income and product? After considering predictions of closed … convergence, but the findings can be reconciled quantitatively with neoclassical models only if diminishing returns to capital set …
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