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Regional convergence from local isolated actions : II conditioning

Quah, Danny (1997) Regional convergence from local isolated actions : II conditioning. CEP discussion paper; CEPDP0379, 379. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Identification Number: 379

Abstract

This paper develops an empirical procedure to assess alternative explanations for differing patterns of growth and convergence. It finds that positive spatial spillovers account for a large part of inequality dynamics across Europe as a whole, the Cohesion economies (Greece, [Ireland]. Spain. Portugal), and selected non-Cohesion EU member states. The analysis shows that when the Cohesion economies see their incomes increase and experience higher tendencies towards greater equality, so will the non-Cohesion economies of France, Italy and the UK experience similar outcomes: moreover it is the relatively poor non-Cohesion economies that will benefit most from improving conditions in the Cohesion economies.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk
Additional Information: © 1997 the author
Subjects: H Social Sciences > HB Economic Theory
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
Series: Working Papers > CEP Discussion Papers
Date Deposited: 27 Apr 2007
Last Modified: 14 Nov 2012 10:19
URI: http://eprints.lse.ac.uk/id/eprint/2183

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