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Intereconomics

, Volume 39, Issue 3, pp 167–176 | Cite as

Convergence, trade and factor mobility in the European Union — Implications for enlargement and regional policy

  • Annekatrin Niebuhr
  • Friso Schlitte
Economic Trends

Abstract

The accession of ten new members in May 2004 means a considerable increase in income disparities in the European Union. At what speed has income converged in the past and what role have changes in trade relations and factor mobility played in this? What projections can be made for the catching-up process of the new member states? And what conclusions should be drawn for the future of EU regional policy?

Keywords

Member State Foreign Direct Investment Gross Domestic Product Regional Disparity Absolute Convergence 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© HWWA and Springer-Verlag 2004

Authors and Affiliations

  • Annekatrin Niebuhr
    • 1
  • Friso Schlitte
    • 2
    • 3
  1. 1.Hamburg Institute of International Economics (HWWA)Germany
  2. 2.University of St. AndrewsUK
  3. 3.University of HamburgGermany

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