This study examines the evolution of the regional per capita income from the perspective of a policymaker at the national level. To do that, it utilizes stochastic dominance analysis by including a utility function that expresses the "regional inequalities aversion" level of the policymaker. In...

Theoretical developments and discussions on growth and regional convergence have been accompanied by another debate, associated with the type of data used and quantitative approaches adopted in empirical research. Estimation of convergence equations continues to play a key role in the study of...