Europe's Regions Closing Income Gap, Boosting Economic Integration
The article examines if regions in Europe were getting closer in income levels during the late 1990s. The researchers found that the traditional method used to test this was not effective because it didn't consider how regions influence each other. They proposed a new model that takes into account these interactions and found that there is evidence of income convergence in Europe. This means that regions with lower incomes were catching up to regions with higher incomes during this time period.