Can Regional Policies Affect Growth and Geography in Europe?
Abstract
A study was conducted to analyze the impact of regional policies on the growth and economic geography of European regions. Theories on growth and geography on regional convergence in Europe were analyzed from both an empirical and theoretical perspective. Results indicated the need for a spatial concentration of economic activities when maximizing economic growth and accommodating efficiency issues in the European region. Findings also suggested the need for a conceptual model to comprehend the various effects of trade, growth and location on regional policies in the region.