### Resumé

Originalsprog | Engelsk |
---|---|

Titel | Symposium i anvendt statistik |

Redaktører | Peter Linde |

Udgivelses sted | København |

Publikationsdato | 2014 |

Sider | 111-117 |

ISBN (Trykt) | 978-87-501-2111-4 |

Status | Udgivet - 2014 |

Begivenhed | Symposium i anvendt statistik - Københavns Universitet, Økonomisk Institut, København, Danmark Varighed: 27. jan. 2014 → 29. jan. 2014 |

### Konference

Konference | Symposium i anvendt statistik |
---|---|

Lokation | Københavns Universitet, Økonomisk Institut |

Land | Danmark |

By | København |

Periode | 27/01/2014 → 29/01/2014 |

### Citer dette

*Symposium i anvendt statistik*(s. 111-117). København.

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*Symposium i anvendt statistik.*København, s. 111-117, Symposium i anvendt statistik, København, Danmark, 27/01/2014.

**Regional GDP Convergence in the European Regions in the light of the Economic Recession.** / Sørensen, Nils Karl; Cornett, Andreas P.

Publikation: Bidrag til bog/antologi/rapport/konference-proceeding › Konferencebidrag i proceedings › Forskning

TY - GEN

T1 - Regional GDP Convergence in the European Regions in the light of the Economic Recession

AU - Sørensen, Nils Karl

AU - Cornett, Andreas P.

PY - 2014

Y1 - 2014

N2 - This article investigates the implications of the slowdown of the European economies since 2007 on the process of GDP convergence at the regional NUTS 2 level. We use a nominal data set on GPD per capita divided into the periods 1995-2006 and 2007-2010. Using the notion of β-convergence we find that convergence is still present at the aggregated level, but the rate of convergence has significantly decreased from a rate of 2.63 percent before the recession to a rate of convergence equal to 1.60 percent after the recession. Moving to the national level we confirm the findings in many countries that a pattern of regional divergence is present. We do not observe a pattern of regional convergence in any of the nations considered for the period from 2007. Out of the 19 countries analyzed divergence is present in 6 countries whereas the pattern is not determinable in any of the remaining countries. No countries have gone directly from regional convergence to regional divergence. With a few exceptions a more gradual process is observed form convergence to no determined pattern to divergence. This overall pattern is a challenge to the regional development policy of the European Union.

AB - This article investigates the implications of the slowdown of the European economies since 2007 on the process of GDP convergence at the regional NUTS 2 level. We use a nominal data set on GPD per capita divided into the periods 1995-2006 and 2007-2010. Using the notion of β-convergence we find that convergence is still present at the aggregated level, but the rate of convergence has significantly decreased from a rate of 2.63 percent before the recession to a rate of convergence equal to 1.60 percent after the recession. Moving to the national level we confirm the findings in many countries that a pattern of regional divergence is present. We do not observe a pattern of regional convergence in any of the nations considered for the period from 2007. Out of the 19 countries analyzed divergence is present in 6 countries whereas the pattern is not determinable in any of the remaining countries. No countries have gone directly from regional convergence to regional divergence. With a few exceptions a more gradual process is observed form convergence to no determined pattern to divergence. This overall pattern is a challenge to the regional development policy of the European Union.

M3 - Article in proceedings

SN - 978-87-501-2111-4

SP - 111

EP - 117

BT - Symposium i anvendt statistik

A2 - Linde, Peter

CY - København

ER -