Changing pattern of global specialization and trade has affected the regional economic landscape in Europe significantly during the last decades, often even more than endogenous factors or policy measures. After a period of conversion, processes of diversion has reentered the scene, particularly...

This paper investigates the main determinants of economic growth in the European Union from a regional perspective. The analysis is based on a recently available dataset from the European Cluster Observatory covering 253 European regions over the period 2002-2008. In addition to the traditional...