Record Details

Regional Convergence in Europe: Evidence from the Perspective of Capital Accumulation in Services

Research in Economics and Business: Central and Eastern Europe

View Archive Info
 
 
Field Value
 
Title Regional Convergence in Europe: Evidence from the Perspective of Capital Accumulation in Services
 
Creator Melchor-Ferrer, ElĂ­as
Mihi-Ramirez, Antonio
Agoh, Eugene
 
Description The integration process within Europe has resulted in a reduction of regional disparities. Itis, however, unfortunate that little or no attention has been given to how this regionalconvergence has occurred, particularly in the growing services sector. Therefore, this paperanalyses the impact of capital accumulation in the services sector in European regionalconvergence. We use a spatial correlation to analyze the services sector in 121 Europeanregions at the NUTS-2 level in nine European Union (EU) countries. The results show thepolarisation of economic activity in the central area of Europe, which creates synergies thatslow down the process of regional convergence. It also reveals the significant role of the nonmarketservices sector in this process, which highlights the importance of maintaining highrates of investment for continued convergence.
 
Publisher Research in Economics and Business: Central and Eastern Europe
 
Contributor
 
Date 2017-12-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://rebcee.eu/index.php/REB/article/view/115
 
Source Research in Economics and Business: Central and Eastern Europe; Vol 9, No 2 (2017)
1736-9126
1736-9126
 
Language eng
 
Relation http://rebcee.eu/index.php/REB/article/view/115/85