Regional Income Differences and their Evolution after EU Accession. The Evidence from Visegrad Countries
Journal Title: Journal of Competitiveness - Year 2018, Vol 10, Issue 4
Abstract
The aim of this paper is to determine the regional convergence process in Visegrad (V4) economies after their accession to the EU at the NUTS3 level. The study uses kernel density estimation for 114 regions in V4 countries. The research period covered the years 2004-2015. The results show that all V4 economies except for Hungary reduced the distance to the EU-28 average over the period considered. The external convergence process was accompanied by an increase in income inequalities at the regional level. In all the countries, the estimated distributions of regional income were bimodal, with the clearly marked second mode related to the capital region. The obtained research results should be an indication of economic decisions in the context of regional (also known as cohesion) policy and economic competitiveness. This paper contributes to the existing literature in three ways. First, the study was conducted at the NUTS3 level, which is currently the lowest possible level of disaggregation. Second, the analysis covered both the period before and after the global financial crisis. Third, the results of the internal convergence study are not biased by the method used, as this method has already been tested in previous research for a group of large European economies.
Authors and Affiliations
Małgorzata Kokocinska, Marcin Puziak
Keywords
Related Articles
- EP ID EP432745
- DOI 10.7441/joc.2018.04.06
- Views 106
- Downloads 0
HOW A SUPPLY CHAIN PROCESS MATTERS IN FIRMS’ PERFORMANCE-AN EMPIRICAL EVIDENCE OF PAKISTAN
In recent years, supply chain processes (i.e. demand management, customer relationship management, and new product development) have gained a great importance from academicians and practitioners. Yet, research into the s...
The Verification of Structural Decision-Making Model for Evaluating Education on Facebook
The aim of this paper is to present the work of the research team who tried to construct a model that explores general opinions of students about education on Facebook and also opinions of students about education on the...
Consumer Decision-Making Styles and Local Brand Biasness: Exploration in the Czech Republic
Some Results on Foreign Equity Portfolio Risk Backtesting via Lévy Ordinary Copula Model
The soundness of risk monitoring and measuring systems is a key point for the reliability of financial institutions. One of the features of a reliable risk model is that it passes a backtesting procedure – a comparison o...
Material Deprivation in Selected EU Countries According to EU-SILC Income Statistics
The article deals with issues of households at risk of poverty in relative conception. Income poverty means a situation when the threshold of 0.6 of median income is not achieved. The analysis of a broader definition of...