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 136
- Downloads 0
Digital Economy in Visegrad Countries. Multiple-criteria Decision Analysis at Regional Level in The Years 2012 and 2015
Building effective digital economy infrastructure is currently a basic condition for improving international competitiveness of middle income countries that want to close their development gap and avoid the problem of a...
EXAMINATION OF FACTORS AFFECTING THE IMPLEMENTATION OF ORGANIZATIONAL CHANGES
Organizational changes have a major impact on the competitiveness, growth, efficiency, and survival of any organization. This article deals with the issue of an organizational change and its management. The main objectiv...
Security and Trustworthiness as Drivers of E-shop Competitiveness (Opinions of Young Customers)
Although the overall share of B2C e-commerce on the total retail turnover in the Czech Republic is low, e-shopping still indicates quite impressive year-to-year growth rates. Though very popular - especially in certain c...
Business Risks and the Level of Entrepreneurial Optimism among SME in the Czech and Slovak Republic
The aim of this article is to define and compare current trends within business risks among small and medium enterprises in selected regions of the Czech Republic and Slovakia in the context of entrepreneurial optimism....
The Influence of Marketing Intelligence on Business Competitive Advantage (A Study of Diamond Bank Plc)
This study investigates the influence of Marketing Intelligence on Business Competitive Advantage: A study of Diamond Bank Plc, Nigeria. Five objectives were identified and translated into five research questions which a...