Has the Great Recession affected the convergence process? The case of Spanish provinces

Montañés Bernal, Antonio (Universidad de Zaragoza) ; Olmos Salvador, Lorena (Universidad de Zaragoza) ; Reyes, Marcelo

Resumen: This paper explores potential convergence across the Spanish provinces, paying special attention to the influence of the recent international crisis on this process. To this end, we have taken the traditional per capita gross domestic product and the multidimensional index of human development as references. Our results show the formation of several clubs whose composition and convergence pattern has been modified by the recent crisis: the previously increasing differences in the average per capita gross domestic product between clubs have been attenuated, whilst the decreasing disparities in the average human development index have been stabilized. However, the behavior of the clubs in the last period of the sample suggests that these differences may increase notably in the post crisis years.

Idioma: Inglés

DOI: 10.1016/j.econmod.2017.08.006

Año: 2017

Publicado en: Economic Modelling 68 (2017), 360-371
ISSN: 0264-9993

Factor impacto JCR: 1.696 (2017)

Categ. JCR: ECONOMICS rank: 102 / 353 = 0.289 (2017) - Q2 - T1

Factor impacto SCIMAGO: 0.966 - Economics and Econometrics (Q2)

Financiación: info:eu-repo/grantAgreement/ES/DGA/S124-CASSETEM group
Financiación: info:eu-repo/grantAgreement/ES/MEC/ECO2012-37194

Tipo y forma: Artículo (PostPrint)

Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)