In EU countries, knowledge on spatial disparities in overall price level is extremely scarce. When interregional price disparities are large, however, nominal income measures fail to assess prosperity and the catch-up processes of regions. Despite its importance for regional policy, no official...

Functional delineated labour market regions are needed for regional economic analyses. In dependence of the definition of regions economic regions in space can be seen as "rich" or "poor" areas. In addition to this statistical and econometric reasons argue for using functional labour market...