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022 _aEnglish
040 _aMSU
_b09697764
_cMSU
_erda
050 0 0 _aHT395 EUR
100 1 _aPetrakos, George
_eauthor
245 1 0 _aRegional convergence and growth in Europe: understanding patterns and determinants
_ccreated by George Petrakos, Dimitris Kallioras, and Ageliki Anagnostou
264 1 _aLondon:
_bsage,
_c2011
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aEuropean Urban and Regional Studies
_vVolume 18, number 4
520 3 _aThe paper examines the pattern of regional convergence and the determinants of regional growth in Europe, providing a discussion of the issues that are of relevance to the theoretical conceptions and the subsequent design of regional development policy, supported by an illustrative empirical analysis. The analysis covers 249 NUTS II regions of the European Union in the period 1990–2003. Using as its basis the standard framework of (absolute) β-convergence, the paper detects a mirror-image J-shaped relationship between regional growth and regional development levels. This type of relationship indicates that regional divergence factors are getting stronger, and, eventually, dominate, at more advanced levels of development. On the basis of a regional growth model, factors such as agglomeration economies, geography, economic integration and economic structure seem to create an overall unfavourable economic environment for lagging (and, possibly, less favoured) regions. Such an environment generates dilemmas and questions concerning the mix of policies that may promote growth and at the same time reduce regional inequalities in the European Union.
650 _aRegional convergence
_vGrowth in Europe
_xPatterns and determinants
700 1 _aKallioras, Dimitris
_eco-author
700 1 _aAnagnostou, Ageliki
_eco-author
856 _uhttps://doi.org/10.1177/0969776411407809
942 _2lcc
_cJA
999 _c166674
_d166674