Beta convergence analysis in the European Union

Kožiak, Radoslav, 1978-

Beta convergence analysis in the European Union / Radoslav Kožiak, Dana Benčiková. -- Regional disparities are considered a complex, not just an economic, issue outside of Europe, too. This is the main reason for the EU to invest billions of Euros into a regional (cohesion) policy annually. This policy has accompanied the EU member states since the mid-20th century. This brings up the question of its demonstration in economic practice examination. As the aim of the common regional policy is to reduce the differences in social-economic development of its regions, we decided to analyze the β-convergence of the gross domestic product (GDP) per capita in purchasing power parity (PPP) during the statistically maximum available period of 20 years. The concept of β-convergence represents a regression analysis. In our case, it is 262 NUTS2 regions of the EU that will reveal convergence/divergence of the examined regions from the analysis indicator's point of view. The result of this analysis will indicate how appropriately the common regional policy is being implemented.

In Economic and business management. -- Leiden : CRC Press, 2022. -- ISBN ISBN 978-1-032-06754-4. -- Pp. [1-6]