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Regional convergence in Central and Eastern Europe : evidence from a decade of transition

Title data

Herz, Bernhard ; Vogel, Lukas:
Regional convergence in Central and Eastern Europe : evidence from a decade of transition.
In: Hausen, Christoph ; Resinek, Marc ; Schürmann, Nicolin ; Stierle, Michael (Hrsg.): Determinants of Growth and Business Cycles : Theory, Empirical Evidence and Policy Implications. - Berlin , 2003 . - pp. 155-179 . - (INFER Research Edition ; 9 )
ISBN 3-89700-178-0

Abstract in another language

The paper analyses regional growth and convergence in a sample of 31 Central and Eastern European regions over the period 1990-2002. We find that the regional disparity has decreased in the first half of the 1990s. Thereafter it has remained stable. Almost all of the reduced disparity seems to be attributable to income convergence between countries. At the country level, on the other hand, we find no evidence for sigma-convergence. Our econometric analysis finds evidence for conditional beta convergence. The estimates indicate that structural variables like the labour participation rate and the economy's sectoral structure matter for regional growth. Additionally, they point to the role of national specific differences in the growth performance. The sources of regional disparities do not seem to differ much between the accession countries and the current EU members. From this, we conclude that the present priorities and instruments of EU regional policy equally apply to an enlarged European Union.

Further data

Item Type: Article in a book
Refereed: No
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I > Chair Economics I - Univ.-Prof. Dr. Bernhard Herz
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I
Result of work at the UBT: Yes
DDC Subjects: 300 Social sciences > 330 Economics
Date Deposited: 30 Apr 2015 06:48
Last Modified: 15 Sep 2016 10:36
URI: https://eref.uni-bayreuth.de/id/eprint/11143