DP1286 Regional Convergence Clusters Across Europe
Author(s): | Danny Quah |
Publication Date: | January 1996 |
Keyword(s): | Conditioning, Dematerialization, Distribution Dynamics, Economic Geography, Knowledge-based Economy, Location |
JEL(s): | C22, C23, D63, O30, O57 |
Programme Areas: | International Macroeconomics |
Link to this Page: | cepr.org/active/publications/discussion_papers/dp.php?dpno=1286 |
Per capita incomes across European regions are not equal and do not stay constant; regional income distributions fluctuate over time. Such a process could have many possible limiting outcomes: complete equality (convergence), stratification, and continually increasing inequality are but three distinct possibilities. This paper asks if nation-state, macro factors and physical-geography spillover effects help explain the observed distribution dynamics across European regions. Geographical factors are found to matter more than national ones; but both are important for explaining inequality dynamics.