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European regional convergence revisited: the role of intangible assets

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  • Jesús Peiró-Palomino

    (University of Valencia)

Abstract

The contributions evaluating convergence across European regions are now numerous and take a wide variety of approaches. However, evidence for the most recent years is still scant, and studies considering the role of intangible assets in the enlarged European Union are virtually nonexistent. This article focuses on the convergence patterns of income per capita in 260 European regions during the period 2000–2011. Following the distribution dynamics approach, the role of a set of intangible assets is considered by introducing several conditioning schemes. In line with previous contributions the results suggest that the distribution of income is bimodal. The regional stocks of the different intangible assets considered have some power for explaining convergence tendencies in the studied period.

Suggested Citation

  • Jesús Peiró-Palomino, 2016. "European regional convergence revisited: the role of intangible assets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 57(1), pages 165-194, July.
    • Handle: RePEc:spr:anresc:v:57:y:2016:i:1:d:10.1007_s00168-016-0767-4
    DOI: 10.1007/s00168-016-0767-4
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    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • D30 - Microeconomics - - Distribution - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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