Economic integration and territorial imbalances in European Union

Authors

  • Andrés Rodríguez-Pose London School of Economics
  • George Petrakos Universidad de Tesalia

DOI:

https://doi.org/10.4067/S0250-71612004008900004

Keywords:

territorial development, urban economy, territorial integration

Abstract

Given the lack of theoretical consensus about the spatial effects of economic integration processes, this paper studies the impact of European economic integration on regional disparities from an empirical perspective. The analysis highlights that different stages of integration are associated with convergence among European states in inflation and unemployment rates and in economic cycles, as well as with convergence in GDP per capita. However, when the analysis is performed taking into account the distortions linked to the state effect, convergence gives way, in numerous cases, to divergence. From this point of view, European integration is fostering the economic dynamism of core areas, whereas many peripheral regions are encountering increasing difficulties to compete in integrated markets.

Published

2004-05-07

How to Cite

Rodríguez-Pose, A., & Petrakos, G. (2004). Economic integration and territorial imbalances in European Union. Revista EURE - Revista De Estudios Urbano Regionales, 30(89). https://doi.org/10.4067/S0250-71612004008900004

Issue

Section

Articles