Working Paper: CEPR ID: DP3137
Authors: Angel de la Fuente
Abstract: This Paper explores the sources of convergence in income per capita across the Spanish regions using a decomposition of this variable into employment and productivity factors and an estimate of a regional production function.
Keywords: regional convergence; Spain
JEL Codes: O40; O52
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| initial income levels (D31) | subsequent growth rates (O41) |
| declining employment performance in poorer regions (R11) | observed slowdown in convergence (F62) |
| productivity components (E23) | convergence (O47) |
| public investment and educational policies (H54) | convergence (O47) |
| redistributive regional policies (H23) | regional incomes (R11) |
| periods of growth (O41) | convergence rates (O47) |