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Regional Economic Disparities in Europe: Time-Series Clustering of NUTS 3 Regions

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  • Ana María López-Villuendas
  • Cristina del Campo

Abstract

The aim of this research is to identify the regional economic disparities in the level of economic wealth and its dynamics in the NUTS 3 regions in EU28 over the period from 2000 to 2017. By performing a time-series clustering analysis at NUTS 3 level, we expect to uncover the economic disparities that might have been hidden in the aggregate NUTS 2 regions. Our results indicate that at a finer spatial scale (NUTS 3 level) disparities flourish, particularly in the period after the global crisis of 2008, in which different recovery rates are observed. In general, NUTS 2 regions tend to spatially cluster at the national level and, although NUTS 3 regions show slightly this tendency as well, the spatial effect is not as strong as it is for NUTS 2 level, revealing specific behaviours of the local economies and markets that remain hidden at the aggregate NUTS 2 level.

Suggested Citation

  • Ana María López-Villuendas & Cristina del Campo, 2023. "Regional Economic Disparities in Europe: Time-Series Clustering of NUTS 3 Regions," International Regional Science Review, , vol. 46(3), pages 265-298, May.
    • Handle: RePEc:sae:inrsre:v:46:y:2023:i:3:p:265-298
    DOI: 10.1177/01600176221125703
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    References listed on IDEAS

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