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CONVERGENCE AMONG REGIONS OF THE EUROPEAN UNION, 1950–1990
Author(s) -
Armstrong Harvey W.
Publication year - 1995
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/j.1435-5597.1995.tb00633.x
Subject(s) - convergence (economics) , european union , per capita , estimation , econometrics , economics , demography , international economics , economic growth , sociology , population , management
The paper examines GDP per capita growth rated among subnational regions of the European Union between 1950 and 1990. Previous research has suggested that a slow process of convergence (or “catch‐up”) has occurred over the period since 1950. Estimation of a catch‐up growth model using a modified and larger set of regions than previously the case suggests that existing measures of convergence rates need to be revised downwards and that convergence rates have been reduced in the 1970s and 1980s compared with the 1960s.