Revised and Extended Second Edition
Edited by Roberta Capello and Peter Nijkamp
Chapter 21: Spatial-economic disparities and convergence
Regional convergence is one of the most controversial issues in regional science and economics. Why do existing inequalities across regions persist over time, despite some movements towards convergence? This and similar questions have bred an extensive empirical literature. While empirics provide information, an overall policy-framework is absent. An explicit policy-model of regional development is presented in this chapter.
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