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Structural Convergence of the National Economies of Europe

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  • Percoco, Marco
  • Dall'erba, Sandy
  • Hewings, Geoffrey

Abstract

Analysis of convergence has centered on movement of indices such as per capita incomes or welfare for countries or regions within countries. In this paper, the analysis focuses on the structure of economies in terms of the distribution of production across sectors and explores the implications of convergence of structure for a subset of EU countries. To assist in the exploration, some new methodology is introduced, based on the notion of a field of influence of change. A set of sensitivity indices and an associated importance matrix are constructed for a set of intercountry input-output tables. The results find that sectors at the European level are become more similar than the national economies as a whole.

Suggested Citation

  • Percoco, Marco & Dall'erba, Sandy & Hewings, Geoffrey, 2005. "Structural Convergence of the National Economies of Europe," MPRA Paper 1380, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:1380
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    File URL: https://mpra.ub.uni-muenchen.de/1380/1/MPRA_paper_1380.pdf
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    References listed on IDEAS

    as
    1. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, vol. 108(449), pages 1009-1025, July.
    2. Paul Krugman & Anthony J. Venables, 1995. "Globalization and the Inequality of Nations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(4), pages 857-880.
    3. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476, December.
    4. Christiane Krieger-Boden, 2002. "EMU and the Industrial Specialisation of European Regions," Advances in Spatial Science, in: Juan R. Cuadrado-Roura & Martí Parellada (ed.), Regional Convergence in the European Union, chapter 4, pages 77-94, Springer.
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    Cited by:

    1. Palan, Nicole & Schmiedeberg, Claudia, 2010. "Structural convergence of European countries," Structural Change and Economic Dynamics, Elsevier, vol. 21(2), pages 85-100, May.
    2. Ageliki Anagnostou & Ioannis Panteladis & Maria Tsiapa, 2015. "Disentangling different patterns of business cycle synchronicity in the EU regions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(3), pages 615-641, August.
    3. Nicole Palan, 2010. "Measurement of Specialization – The Choice of Indices," FIW Working Paper series 062, FIW.
    4. repec:got:cegedp:75 is not listed on IDEAS

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    More about this item

    JEL classification:

    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

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