This article offers a new approach in assessing the presence of regional convergence in income per capita and applies it to data for sixty-five regions of the European Union over the decade leading up to the entry into force of the Maastricht Treaty. Within the framework of distributional...

This study aims to assess the Cost Efficiency (CE) of the Greek cooperative banks over the period 2000–2005. We first use Data Envelopment Analysis (DEA) to estimate the technical, allocative and cost efficiency for each bank in sample. Then, we use a bootstrapping censored (Tobit)...

We augment the existing literature on regional convergence by uncovering a number of stylized facts on the heterogeneity of regional convergence processes in the absence of currency devaluation as a key policy instrument, and use them to highlight reform strategies that are most likely to be...

Although there exists abundant literature about convergence across the Spanish regions, most of the research has been developed by using cross-section regressions or data panel techniques with fixed effects, resulting in biased estimates that may make their conclusions less tenable. In addition,...

We analyse regional convergence between Argentine provinces in well-being indicators for the period 1970-2001. More specifically, we examine the role of regional public policy in reducing the development gap between the provinces. We find strong evidence of conditional convergence in well-being...

The main focus of convergence studies surrounds the question ofwhether poor economies catch up to wealthier economies over time. The regionalconvergence process in Europe has generated considerable interest in recent years.Due to financial straits regional convergence is a central question,...

Das Ziel dieses Beitrags ist es, die Prozesse der divergenten Entwicklung von Regionen in Litauen in der Periode zwischen 1995 und 2003 zu analysieren. Die Analyse wird anhand der Bewertung von interregionalen Stratifikationsparametern und -ursachen durchgeführt. Bei der Bewertung der...

Our research aims to address the problem of inequality in income distribution from a different perspective than the usual. We intend to verify if geography influences the pattern of inequality, that is, if the standard of living varies from region to region and if, in the process of growth,...

Inter-state diversity has been a perennial feature of Indian agriculture. The study probes if per capita income in Indian agriculture has converged across states in the last four and a half decades. It finds strong evidence in favour of beta convergence but not in favour of sigma convergence....

Inter-state diversity has been a perennial feature of Indian agriculture. The study probes if per capita income in Indian agriculture has converged across states in the last four and a half decades. It finds strong evidence in favour of beta convergence but not in favour of sigma convergence....