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Title: The GDP's of Three Regions in Western Europe, 1950-1990
Authors: Theil, Henri
Deepak, Sri Devi
Keywords: convergence
purchasing power parity
Western Europe
World Penn Tables
Issue Date: 2003
Abstract: We use international comparison data of Summers and Heston to trace the development of three regions in Western Europe: the countries currently outside the European Union (EEC), the EEC Center, and the EEC Periphery (Greece, Ireland, Portugal, and Spain). For each year during the period 1950-1990, the per capita gross domestic products of these regions decrease in this order, but the development over time shows a rapid increase of all three regions as well as a mutual convergence, the inequality of the regions and their constituent countries declining substantially.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 35, Supplement, 2003
Total Pages: 4
From Page: 161
To Page: 164
Collections:Volume 35, Supplement, 2003

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