{"title":"Regional convergence in the European Union – Factors of growth between the great recession and the COVID crisis","authors":"Jan Pintera","doi":"10.1016/j.ecosys.2023.101169","DOIUrl":null,"url":null,"abstract":"<div><p><span>In this paper, we provide a new look at convergence in the EU while focusing on development at the regional level between the Great Recession and the recent COVID crisis. We use the log </span><em>t</em> convergence test by Phillips and Sul (2007) to analyze convergence in income level among the European regions. We identified five convergence clubs rather than supporting the overall convergence hypothesis. Furthermore, we investigated the determinants of convergence club membership using logistic regression. Our results confirmed high inequality within the member states and a shifting geographic pattern of the top-performing regions, with the increasing prominence of the manufacturing core in southern Germany and the surrounding areas. We found a positive association between membership in higher clubs, research and patent activities, and specialization in manufacturing. We also confirmed the positive economic performance of capital cities and the main metropolitan areas.</p></div>","PeriodicalId":51505,"journal":{"name":"Economic Systems","volume":"48 1","pages":"Article 101169"},"PeriodicalIF":2.8000,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Systems","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0939362523001085","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In this paper, we provide a new look at convergence in the EU while focusing on development at the regional level between the Great Recession and the recent COVID crisis. We use the log t convergence test by Phillips and Sul (2007) to analyze convergence in income level among the European regions. We identified five convergence clubs rather than supporting the overall convergence hypothesis. Furthermore, we investigated the determinants of convergence club membership using logistic regression. Our results confirmed high inequality within the member states and a shifting geographic pattern of the top-performing regions, with the increasing prominence of the manufacturing core in southern Germany and the surrounding areas. We found a positive association between membership in higher clubs, research and patent activities, and specialization in manufacturing. We also confirmed the positive economic performance of capital cities and the main metropolitan areas.
期刊介绍：
Economic Systems is a refereed journal for the analysis of causes and consequences of the significant institutional variety prevailing among developed, developing, and emerging economies, as well as attempts at and proposals for their reform. The journal is open to micro and macro contributions, theoretical as well as empirical, the latter to analyze related topics against the background of country or region-specific experiences. In this respect, Economic Systems retains its long standing interest in the emerging economies of Central and Eastern Europe and other former transition economies, but also encourages contributions that cover any part of the world, including Asia, Latin America, the Middle East, or Africa.
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