Economic Convergence in the Spanish Regions: the Role of the European Funds and the Transport Infrastructure Endowment (1989–2017)

Bibliographic citation

Lopez-Rodriguez, J., Montes-Solla, P. (2023). Economic Convergence in the Spanish Regions: The Role of the European Funds and the Transport Infrastructure Endowment (1989–2017). In: Yaseen, S.G. (eds) Cutting-Edge Business Technologies in the Big Data Era. SICB 2023. Studies in Big Data, vol 136. Springer, Cham. https://doi.org/10.1007/978-3-031-42455-7_7

Type of academic work

Academic degree

Abstract

[Abstract] Convergence is one of the fundamental objectives of the EU to achieve cohesion among its regions. The paper analyzes the process of economic convergence among Spanish regions focusing mainly on the impact of European Funds investments and on the stock of transport infrastructures. A series of growth regression have been estimated using a panel data for 17 Spanish regions over the period 1989–2017. The data were obtained from the FBBVA-IVIE database and from the EU regional policy reports of the Spanish government. The results obtained show that a convergence process across Spanish regions has taken place since Spain accession to the EU. The European Funds investments and the level of transport infrastructures are relevant for economic growth, but do not generate a strong catching-up process.

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This version of the chapter has been accepted for publication, after peer review (when applicable) and is subject to Springer Nature’s AM terms of use, but is not the Version of Record and does not reflect post-acceptance improvements, or any corrections. The Version of Record is available online at: https://doi.org/10.1007/978-3-031-42455-7_7

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