Convergence of European regions: a reappraisal
Théophile T. Azomahou, J. El Ouardighi, P. Nguyen Van & Thi Kim Cuong Pham
#2010-029
We provide a reappraisal of income convergence across European regions
over the period 1990-2005 by using a semiparametric partially linear
model to approximate the relationship between the average growth rate of
GDP per capita and the initial GDP per capita. Estimation results point
out both country heterogeneity and non-linearity in the convergence
process. Only low income regions converge while there is little evidence
of convergence for higher income regions.
Key words: Convergence; Heterogeneity; Non-linearity; Kernel estimator;
European regions
JEL classification: C14; O40; O52
UNU-MERIT Working Papers
ISSN 1871-9872
