Convergence across regional economies has spurred one of the most debatable issues in contemporary research in economics. In this paper we seek to address the question of whether, during the period 1995-2004 the NUTS-2 regions of EU-26 exhibited a tendency to converge in terms of agricultural...

An empirical model is developed in which economic growth is attributed to the process of endogenous innovation and the rate of knowledge transfer (adoption) across regions. The model is tested using data for the NUTS-2 regions of the EU-27 during the time period 1995- 2005. The results suggest...

This paper suggests a model of obtaining estimates of capital stock based on the theory of ‘flexible accelerator’. However, this represents a rather ‘indirect’ method independently for each year and each region. Clearly this is an unrealistic condition, especially for regional economies...

In this paper an attempt is made to assess the hypothesis of re- gional club-convergence, using a spatial panel analysis combined with B-Splines. In this context, a ‘convergence-club’ is conceived as a group of regions that in the long-run move towards steady-state equilib- rium,...

Although there have been numerous studies on regional convergence, agriculture has received far less attention. In this study, the intention is to augment the existing literature by testing for convergence in agricultural productivity among the EU-26 regions. A low rate of absolute convergence...

Although the importance of technology adoption has been acknowledged, nevertheless, at a more general level, a critical question arises: how do the overall infrastructure conditions affect the absorptive ability of a regional economy? This question can be stated alternatively as: what are the...

A model of regional convergence is developed in which the pattern of convergence is attributed to the rate of technological adoption across regions. If absorptive abilities vary across regions, convergence is constrained within a certain group of regions that share common structural...

Regional convergence has spurred one of the most debatable topics in contemporary research in economics and one of the most critical issues from a policy perspective. In this paper, the intention is to augment the literature on regional convergence in Europe using the agricultural sector as a...

The cumulative causation in the relation between labour productivity and output growth, known as Verdoorn's Law, is empirically tested using data from 109 EU12 regions during the period 1977--2005. Several specifications of Verdoorn's Law are put forward in this paper, which attribute the...