Methodological Approaches in Measuring Convergence with Applications to European Regions

In this work, we study seven variables which are used to measure economic and social quality of a region: gross domestic product, disposable income, share of services on value added and share of tertiary education on all workers as indicators of economic quality, employment rate, unemployment rate and economic activity rate as indicators of social quality. Most important ones are gross domestic product, disposable income and employment rate. We studied these variables in fourteen regions. In these there is assumption of continuous convergence. It is shown that metropolitan regions are different and that they behave almost independently.

Methodological Approaches in Measuring Convergence with Applications to European Regions