PETRAKOS, GEORGE; ARTELARIS, PANAGIOTIS - In: Growth and Change 40 (2009) 2, pp. 314-331
A plethora of past studies have concluded that unconditional "&bgr;"-convergence is present in a broad sample of regions, implying that poor regions grow faster than rich ones. All these econometric studies tend to overlook the relative importance or size of each region in the national setting,...