THE CONCEPT OF INTERREGIONAL ECONOMIC DISPARITIES AND THE CAUSES OF THEIR EMERGENCE
Keywords:
Interregional disparities, Regional inequality, Economic convergence, Economic divergence, Technology shocks, Policy interventions, Advanced economiesAbstract
This article critically examines the concept of interregional economic disparities, exploring their definitional nuances, measurement methodologies, and theoretical underpinnings. Characterized by significant differences in economic welfare and productivity across sub-national units, these disparities are a growing concern in advanced economies, measured via metrics like per capita GDP ratios and Gini coefficients. The study synthesizes literature to investigate the complex interplay of factors contributing to regional divergence, identifying key drivers such as technology shocks, structural economic transformations, human capital deficits, and labor market rigidities, advocating for integrated policy responses.
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References
Organisation for Economic Co-operation and Development. OECD Regions and Cities at a Glance 2022. Paris: OECD Publishing, 2022.
Krugman, Paul. A Primer on New Economic Geography. National Bureau of Economic Research, 2001. –
Acemoglu, Daron, and Pascual Restrepo. The Future of Work: Technology, Automation, and Human Capital. National Bureau of Economic Research, 2017.
European Commission. "EU Cohesion Policy 2021-2027: European Structural and Investment Funds." European Commission, 2021.
Regional Studies Association. Regional Studies. Taylor & Francis, 1967.
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