caa a22 4500 477076548 CHVBK 20180405111440.0 cr unu---uuuuu 170330e19960601xx s 000 0 eng 10.1007/BF01581971 doi (NATIONALLICENCE)springer-10.1007/BF01581971 Walz Uwe Department of Economics, University of Mannheim, Seminargebaeude A5, D-68131, Mannheim, Germany aut Long-run effects of regional policy in an economic union [Elektronische Daten] [Uwe Walz] Regional policy in economic unions (e.g. in the European Union) is usually conducted with the objective of overcoming regional disparities. By developing a two-regional growth model with endogenous technological change, we address the long-term implications of regional policy measures. We show that regional policies aiming to support the less-developed region do not only change the location of production between the regions but also affect the overall growth performance of the union. By altering the incentive to accumulate knowledge capital, regional policies influence the steady-state growth rate. Our analysis shows that a potential trade-off between regional equity and dynamic efficiency exists. Springer-Verlag, 1996 The Annals of Regional Science Springer-Verlag 30/2(1996-06-01), 165-183 0570-1864 30:2<165 1996 30 168 https://doi.org/10.1007/BF01581971 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01581971 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Walz Uwe Department of Economics, University of Mannheim, Seminargebaeude A5, D-68131, Mannheim, Germany aut NATIONALLICENCE 773 0- The Annals of Regional Science Springer-Verlag 30/2(1996-06-01), 165-183 0570-1864 30:2<165 1996 30 168 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer