This paper investigates the growth factors of EU regions in the 1990s. We test the hypothesis that regional growth is determined by endogenous growth factors, trade and technological catching-up in a growth accounting framework. Our estimations suggests that growth of EU regions is positively...

We estimate the speed of income convergence for a sample of 196 European NUTS 2 regions over the period 1985-1999. So far there is no direct estimator available for dynamic panels with strong spatial dependencies. We propose a two-step procedure, which involves first spatial filtering of the...

Migration and Regional Convergence in the European Union European migration trends in the last decade have been marked by a number of spectacular changes. In the course of the recent enlargement immigration to some EU15 countries from the CEECs has become remarkable. Nevertheless, the vast...

Since 1975, the extent of catching-up has been very different between Southern regions. Starting from the proposals of growth theory, the paper wishes to show whether growth differences can be attributed to different endowment in human capital, differences in private or public investment level,...

Measuring the World Economy Abstract:Over the last decades there has been a sizeable increase in trade and financial openness, triggered by current and capital account liberalization as well as improvements in transport and communication technologies. As a consequence, the importance of...