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The Beta-Convergence Analysis And Regional Disparites In Eu-28

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  • MIHAELA SIMIONESCU

Abstract

The main objective of this research is to analyse the beta-convergence in European Union (EU-28), showing the regional income disparities. The estimated rate of convergence was around 0.46% in the EU-28. OLS tends to be biased, the substantive form of spatial autocorrelation being obvious for the data. The absolute convergence is at an annual rate of 1.85% between 2001 and 2012. The results of the estimations suggest not significant convergence within EU-28 members.

Suggested Citation

  • Mihaela Simionescu, 2014. "The Beta-Convergence Analysis And Regional Disparites In Eu-28," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 6(2 (June)), pages 169-178.
    • Handle: RePEc:shc:jaresh:v:6:y:2014:i:2:p:169-178
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    Cited by:

    1. Adrian Liviu SCUTARIU, 2017. "The Evolution of Regional Disparities in the Central and Eastern European Countries of European Union," Book chapters-LUMEN Proceedings, in: Camelia IGNATESCU & Antonio SANDU & Tomita CIULEI (ed.), Rethinking Social Action. Core Values in Practice, edition 1, volume 1, chapter 73, pages 795-807, Editura Lumen.

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    More about this item

    Keywords

    convergence; regional disparities; Moran s I; spatial lag model; spatial error model.;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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