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    Regional Policy and Convergence in Europe: The Case of Backward Regions

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    This paper analyzes the performance of regions whose development is lagging behind since the institutionalization of the EU regional policy, (1989). Results from a panel data model with fixed effects prove that backward regions have been catching up with the EU average income since the launching of the first programming period, the so called Delors'I package, 1989-1993
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