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Regional inequalities and contributions to aggregate growth in the 2000s: an EU vs US comparison based on functional regions
Oxford Review of Economic Policy ( IF 6.326 ) Pub Date : 2021-04-05 , DOI: 10.1093/oxrep/graa064
Enrique Garcilazo , Ana I Moreno-Monroy 1 , Joaquim Oliveira Martins 2
Affiliation  

This paper offers a comparative analysis of regions in the United States (US) and European Union (EU) countries before and during the aftermath of the global financial crisis. By using a regional taxonomy approaching a functional definition, we can compare in a more meaningful way the regions in EU countries and the US. We use of a newly developed OECD functional typology of TL3 (Territorial Level 3) regions, which classifies regions into five categories: two are metropolitan regions (with a very large or large city) and three are regions with accessibility to cities of different sizes. Over the period 2000–17, we assess which types of regions have been most resilient or vulnerable to the effects of the crisis. To identify structural factors, we analyse the evolution of the contributions of regions to aggregate GDP and productivity growth. Some structural patterns emerge, which are then related to the evolution of regional inequalities between 2000 and 2017. Overall, we found that regional inequalities seem mainly related to structural factors rather than macroeconomic shocks, such as the global financial crisis.

中文翻译:

2000年代地区不平等及其对总体增长的贡献:基于功能区域的欧盟与美国比较

本文对全球(美国)和欧盟(EU)国家在全球金融危机发生前后的地区进行了比较分析。通过使用接近功能定义的区域分类法,我们可以以更有意义的方式比较欧盟国家和美国的区域。我们使用TL3(地区级别3)地区的新开发的OECD功能类型,将地区分为五类:两个是大都市区(具有非常大或较大的城市),另外三个是可以访问大小不同的城市的区域。在2000-17年期间,我们评估了哪些类型的地区最有弹性或最容易受到危机影响。为了确定结构性因素,我们分析了区域对GDP总量和生产率增长的贡献的演变。
更新日期:2021-04-06
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