Ragnitz, Joachim; Heimpold, Gerhard; Hölscher, Jens; … - In: Wirtschaftsdienst 95 (2015) 6, pp. 375-394
convergence is unlikely to occur, as economic development is strongly driven by technology that might generate economies of scale …, thereby favouring regions which are already well developed. Therefore, economic policy should no longer aim at convergence but … rather at economic growth. Despite considerable progress, more structural change will be necessary for further convergence …
