Quotation Sardadvar, Sascha. 2013. Does the neoclassical growth model predict interregional convergence? On the impact of free factor movement and the implications for the European Union. Economics and Business Letters 2 (4): 161-168.


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Abstract

This paper sets up a theoretical model of regional growth with free factor movement. The analysis shows that factor endowments are crucial for a region's attractiveness regarding factor relocations. In particular, lower endowments of human capital within other regions are advantageous for a region's growth prospects, and vice versa. The paper concludes that under the framework of free factor movement, the European Union's objective of interregional convergence can only be achieved by subsidising disadvantaged economies.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Economics and Business Letters
Language English
Title Does the neoclassical growth model predict interregional convergence? On the impact of free factor movement and the implications for the European Union
Volume 2
Number 4
Year 2013
Page from 161
Page to 168
Reviewed? Y
URL http://www.unioviedo.es/reunido/index.php/EBL/article/view/10026/9810

Associations

People
Sardadvar, Sascha (Former researcher)
Organization
Institute for Economic Geography and GIScience IN (Details)
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