This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level … capita on regional economic growth – but not on convergence – which also generates considerable spillover effects. However …

studies finding little regional convergence since 1985, social cohesion has been virtually ignored. This article tries to … cover this gap by asking the question of whether regional convergence in social welfare, measured by Amartya Sen’s welfare … find that the absence of convergence in GDP per capita is not matched in terms of social welfare. Welfare levels have …

. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …