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Convergence across regional economies has spurred one of the most debatable issues in contemporary research in economics. In this paper we seek to address the question of whether, during the period 1995-2004 the NUTS-2 regions of EU-26 exhibited a tendency to converge in terms of agricultural...
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Solow (1956) has made an essential contribution to the Neo-classical growth approach through the economic convergence hypothesis. It assumes that poorer countries’ or regions’ per capita incomes tend to grow at faster rates than the richer ones. Convergence could occur either among a group...
Persistent link: https://www.econbiz.de/10011754835
We investigate the hypothesis of regional convergence in the per-capita GDP in 242 European regions (NUTS2) during the 2000-2021 period. The literature shows mixed results, from absolute convergence towards a joint long-run distribution to multiple regimes (convergence club). Our results show a...
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Smart specialization strategies are a new EU approach to cohesion policy, meant to deliver growth and development at EU national and regional level. Bearing in mind its focus on place-based development strategies, this paper intends to shed some light on its appropriateness to tackle uneven...
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Since their accession to the European Union in 1986, both Portugal and Spain have benefited from strong financial …
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