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Testing the Theoretical Model

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Economic Growth in the Regions of Europe

Part of the book series: Contributions to Economics ((CE,volume 1))

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Abstract

The final chapter is devoted to tests of the theoretical model using European data for the observation period 1995–2004. They show how a fixation on the incidence of convergence processes may in fact distract from persistent and widening disparities: after presenting the results from tests of the theoretical model, it is demonstrated how these are related to divergence tendencies within subgroups of regions.

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Notes

  1. 1.

    In Great Britain GRP per capita is 3.83 times higher in Inner London than in Cornwall and Isles of Scilly (1995: 3.66); in Belgium, Brussels is 3.04 times as high as Hainault (Prov. Hainaut) (1995: 2.97).

  2. 2.

    These are Belgium, the Czech Republic, Finland, Greece, Hungary, Ireland, the Netherlands, Poland, Portugal, Slovakia, Sweden, Switzerland and the United Kingdom.

  3. 3.

    The only exceptions are Belgium and Finland.

  4. 4.

    The ratio of Bratislava (Bratislavský kraj) versus Eastern Slovakia (Východné Slovensko) has risen from 2.83 in 1995 to 3.05 in 2004.

  5. 5.

    These are Austria and Italy.

  6. 6.

    These are Belgium, the Czech Republic, Finland, Greece, Hungary, the Netherlands, Norway, Poland, Sweden, Slovakia and the United Kingdom.

References

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  • Stiglitz J (2006) Making globalization work German edition 2006: Siedler, Munich

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Correspondence to Sascha Sardadvar .

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Sardadvar, S. (2011). Testing the Theoretical Model. In: Economic Growth in the Regions of Europe. Contributions to Economics, vol 1. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-2637-1_11

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