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This paper uses nonparametric techniques to study GDP convergence across German labor market regions and counties during the period 1992-2004. The main result is that regional convergence in unified Germany has been substantial. In the first years after German unification the distribution of GDP...
Persistent link: https://www.econbiz.de/10013159511
The proponents of decentralization argue that it improves economic growth by increasing government efficiency and accountability. However, the critics argue that decentralization increases regional inequality by increasing the differences in institutional capacities and socio-economic endowments...
Persistent link: https://www.econbiz.de/10012910062
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
In this study, we employ the pairwise stochastic convergence approach to identify the pairs of NUTS2 regions for all 28 EU Member States that exhibit co-movement in their growth dynamics, over the period 1980-2018. We then use the observed stochastic convergence trajectories to assess the role...
Persistent link: https://www.econbiz.de/10014308640
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we find divergence, which is, however, attenuated over...
Persistent link: https://www.econbiz.de/10011730869
The real convergence process within the European Union at regional level is the main goal of the cohesion policy. Less developed regions belong mainly to Central and East European countries and aim at catching-up with other EU regions. According to Eurostat, Romania has 28 predominantly rural...
Persistent link: https://www.econbiz.de/10012212108
factor mobility, leading to a convergence equation with spatial effects. The empirical analysis is based on the estimation of …
Persistent link: https://www.econbiz.de/10012853434
Since the fall of the iron curtain in 1989, the migration deficit of the Eastern part of Germany has accumulated to 1.8 million people, which is over ten percent of its initial population. Depending on their human capital endowment, these migrants might either – in the case of low-skilled...
Persistent link: https://www.econbiz.de/10009664634
Since the fall of the iron curtain in 1989, the migration deficit of the Eastern part of Germany has accumulated to 1.8 million people, which is over 10 percent of its initial population. Depending on their human capital endowment, these migrants might either - in the case of low-skilled...
Persistent link: https://www.econbiz.de/10009624355
Development gaps are a common feature throughout the regions of the European Union, and Romania is no exception. Despite all the political and financial efforts, the convergence process is lengthy and complex, and the gaps with the deepest economic and social roots are the most difficult to be...
Persistent link: https://www.econbiz.de/10011566083