DECENTRALIZATION AS A FACTOR INFLUENCING ECONOMIC IMBALANCES IN THE EUROPEAN COUNTRIES

• Authors: Bednářová Pavla , Šárka Laboutková
• Languages of publication: EN

Abstracts

EN

This paper deals with the potential connections of decentralization with economic imbalances in the European countries. Two indicators have been chosen for measuring economic imbalances: an indicator dispersion of regional GDP per capita as a representative of the performance imbalances within countries (it measures the economic development gap among regions in European countries) and a multidimensional inequality-adjusted human development index as a representative of inequalities in the distribution of wealth in the countries. According to this analysis quite weak links were proved between the tested variables. Decentralization does not belong among the strong factors influencing economic imbalances. Despite this weak link it is still possible to conclude that decentralization is more connected with differences in economic performance than with differences in distribution.

Keywords

EN

DECENTRALIZATION; ECONOMIC DEVELOPMENT; HUMAN DEVELOPMENT; INEQUALITY; EUROPEAN COUNTRIES; GDP

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2014
• Volume: 62
• Issue: 10
• Pages: 1052 – 1064

Contributors

author

Bednářová Pavla

• Technical University of Liberec, Faculty of Economics, Department of Economics, Studentská 1402/2, 461 17, Liberec 1, Czech Republic

author

Šárka Laboutková