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Preface by Daniel Gros
Economic Theory and the Convergence vs Divergence
Regional Convergence within the EU
5 other sections not shown
absolute convergence adjustment mechanisms agricultural employment analysis argued average capital and infrastructure catch-up Chapter co-efficients cohesion countries competitiveness conditional convergence convergence hypothesis core country dummies differences economic integration empirical equalisation European Commission European regional policy European Union EUROSTAT expenditures explanatory variables export external effects factors of production Figure full sample Greece growth performance growth rate growth theory human capital human capital endowment impact important increase indicator industry initial income investment Ireland lagging regions locations Luxembourg macroeconomic mobile factors national regional neo-classic non-Objective NUTS II level NUTS II regions Objective 1 regions Objective 1 sample period Portugal positive provides ratio regional convergence regional economy regional growth regional incentives regional policy variables regressions relative per capita relative share reported in Box Republic of Ireland returns to scale Sala-i-Martin Service Sector Employment significant significantly Single European Market Spain Structural Funds sub-sample t-statistics technological trade Union whereas workforce