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TESTING FOR CONVERGENCE OF THE EU REGIONAL ECONOMIES
Author(s) -
BUTTON KENNETH J.,
PENTECOST ERIC J.
Publication year - 1995
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1995.tb01887.x
Subject(s) - convergence (economics) , economics , european union , per capita , gross domestic product , econometrics , international economics , macroeconomics , economy , population , demography , sociology
We examine changes in the economic performance of Western European regional economies, in particular, the degree of convergence in their economic performance (as measured by the growth of GDP per capita) since the mid 1970s when the larger European Union was established. Although results of simple model specifications suggest convergence has occurred, a more completely specified model, which includes structural variables, county dummies and an EM dummy, shows no significant convergence across the European Union's regions in the 1980s.