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The long‐term relationship between economic development and regional inequality: South‐West Europe, 1860–2010

Year: 2019

Type: article

Abstract: This paper analyses the long-term relationship between regional inequality and economic development. Our data set includes information on national and regional per capita GDP for four countries: France, Italy, Portugal and Spain, compiled on a decadal basis for the period 1860–2010. Using parametric and semiparametric regressions, our results confirm the rise and fall of regional inequalities over time although in recent decades they are on the rise again. Finally, we identify structural change as being a significant transmission mechanism of the inverted-U relationship. The arrival of technological shocks, beginning during the onset of industrialization, and the transition from agrarian to industrial economies, would explain this result.

Source: Papers of the Regional Science Association

DOI: 10.1111/pirs.12489

Authors: Alfonso Díez‐Minguela, Rafael González‐Val, Julio Martinez‐Galarraga, M. Teresa Sanchis, Daniel A. Tirado

Institutions: Universitat de València, Universidad de Zaragoza

Language: English

Topic: Historical Economic and Social Studies

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Reduced inequalities, Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $2,500