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This paper analyzes the dynamics of structural polarization and macroeconomic divergence in the context of European integration, where the latter is understood primarily as an increase in economic and financial openness. In the process of estimating the dynamic effects of such an openness shock...
Persistent link: https://www.econbiz.de/10012230972
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Since the 1990s, the issue of regional income convergence and its long term tendencies has been thoroughly and heatedly discussed. Much less attention, however, has been devoted to the short-run dynamics of regional convergence. In particular, three important aspects have not yet been adequately...
Persistent link: https://www.econbiz.de/10011539464
Since the beginning of 2010, European Commission has launched the new strategic framework for Europe, which is now known as the "Europe 2020 Strategy". This new strategy has been set as the successor of the so called "Lisbon-Gothenburg Strategy" which was set in early '00 as the strategy for...
Persistent link: https://www.econbiz.de/10011539481
We analyze the influence of newly constructed globalization measures on regional growth for the EU-27 countries between 2001 and 2006. The spatial Chow-Lin procedure, a method constructed by the authors, was used to construct on a NUTS-2 level a complete regional data for exports, imports and...
Persistent link: https://www.econbiz.de/10011540876
The aim of the paper is to test the Benhabib and Spiegel (2005) productivity (TFP) catch-up framework on European regions. Differences in the stock of human capital across regions are hypothesized to be the cause of differences in the speed by which follower regions converge and catch-up with...
Persistent link: https://www.econbiz.de/10011540882
The number of participants in the private pension funds, as well as the volume of their contribution, differs significant in each development region. It goes without saying that the territorial distribution of the indicators related to pension funds are influenced, on the one hand, by the offer...
Persistent link: https://www.econbiz.de/10011541354
The choice of the spatial scale of analysis is a problematic issue in applied research, particularly in the literature of regional economic growth. Nevertheless, it is evident that regional scientists have been slow at demonstrating the empirical implications of changes in spatial scale of...
Persistent link: https://www.econbiz.de/10011543405
Early, the convergence theory was suggestively expressed in the Solow model. This can be shown in line with the fact that while economic development is advancing (expressed by the income per capita growth), on long run there is a general convergence process among countries. Generally, empirical...
Persistent link: https://www.econbiz.de/10011543536