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Regional Economic Development and Convergence Clubs in Uruguay

Author

Listed:
  • Diego Aboal
  • Bibiana Lanzilotta
  • Martin Pereyra
  • Maria Paz Queraltó

Abstract

This work contributes to the regional development literature by constructing a multidimensional indicator of regional development and carrying out a convergence analysis applying the novel methodology of Philips and Sul (2007). The convergence analysis contrast processes of global and in clubs convergence of regions in Uruguay in the period 2007-2015. The findings rule out the hypothesis of global convergence for the period analyzed, but it identifies convergence in clubs, distinguishing 3 clubs with specific development dynamics. The paper adds to the debate of place based versus place neutral policies.

Suggested Citation

  • Diego Aboal & Bibiana Lanzilotta & Martin Pereyra & Maria Paz Queraltó, 2020. "Regional Economic Development and Convergence Clubs in Uruguay," Documentos de Trabajo 17902, The Latin American and Caribbean Economic Association (LACEA).
    • Handle: RePEc:col:000518:017902
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    References listed on IDEAS

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    More about this item

    Keywords

    Regional economic development; multidimensional indicator; convergence; clubs;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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