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Traditionally, the analysis of regional economic convergence is based on the notions of β-convergence and σ-convergence. However, both of these approaches have several drawbacks and limitations. To overcome these difficulties, we apply a more recent non-parametric approach in the convergence...
Persistent link: https://www.econbiz.de/10011572980
This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...
Persistent link: https://www.econbiz.de/10013199669
This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...
Persistent link: https://www.econbiz.de/10012238482
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...
Persistent link: https://www.econbiz.de/10010774990
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)...
Persistent link: https://www.econbiz.de/10011130072
This article uses the Valencian Community (Spain) as a case study to analyse, in terms of GDP per person, the convergence of regions of intermediate development with the most advanced ones within the European Union. The obstacles hindering this convergence and the paths the convergence takes are...
Persistent link: https://www.econbiz.de/10011150486
This paper examines changes in the labor productivity, efficiency, technology, and physical and human capital experienced by different regions in Italy between 1980 and 2006. Cobb-Douglas and translog production specifications are not supported by the data. Thus, non-parametric methods are used...
Persistent link: https://www.econbiz.de/10011154973
This study aims at identifying the socio-economic characteristics and structural change of regions in the new Member States of the European Union. The convergence and growth are central aspects of this investigation. The analysis focuses on the following points: a) highlighting the extent and...
Persistent link: https://www.econbiz.de/10011157462
The study aims to identify socio-economic characteristics and structural change of regionsin the new European Union Member States. The convergence and growth are central aspectsof the investigation. In this context, it intends to pursue a dual track analysis: a) highlight theextent and causes of...
Persistent link: https://www.econbiz.de/10011158251
This article uses the Valencian Community (Spain) as a case study to analyse, in terms of GDP per person, the convergence of regions of intermediate development with the most advanced ones within the European Union. The obstacles hindering this convergence and the paths the convergence takes are...
Persistent link: https://www.econbiz.de/10011230104