This study hypothesises that the EU15 contains at least four models of capitalism which rely on some different institutional arrangements. Our aim is to show that some relationship exists between the different institutional settings and the different geographical patterns of development at regional level. After testing the statistical relevance of our territorial areas, we have calculated several concentration and dispersion indexes to the available regional economic data. We conclude that in Europe different institutional macro-configurations do display dissimilar growth models based on rather diverse core-periphery models.
Regional Dispersion of Economic Activities and Models of Capitalism in Europe
GAMBAROTTO, FRANCESCA;SOLARI, STEFANO
2007
Abstract
This study hypothesises that the EU15 contains at least four models of capitalism which rely on some different institutional arrangements. Our aim is to show that some relationship exists between the different institutional settings and the different geographical patterns of development at regional level. After testing the statistical relevance of our territorial areas, we have calculated several concentration and dispersion indexes to the available regional economic data. We conclude that in Europe different institutional macro-configurations do display dissimilar growth models based on rather diverse core-periphery models.
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