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Regional convergence – theoretical approaches

Antonescu, Daniela (2014): Regional convergence – theoretical approaches.

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Abstract

Within theoretical economic approaches, the convergence concept generated a great scientific literature elaborated at international , national and regional level . Also, the numerous studies from another field (economy , geography , history , sociology , and political science ) have an important impact of answers regarding the origin, evolution emergence, persistence, deepening, and more noticeable spatial inequalities in the field of incomes and standard living. The issues regarding convergence and dynamics of spatial distribution have an important role in the present economic literature, even though the approach of these topics remains still insufficiently explored and analysed. The regional convergence (along with nominal and institutional convergence) presents a special interest, considering the important gap between the new and old regions of EU Member-States. In this paper we limit approaching the field to main theoretical aspects regarding to regional convergence.

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