Motivated by bubble nucleation in first order phase transitions, we qu
estion the validity of the effective potential for inhomogeneous confi
gurations. In an attempt to get some insight into the importance of de
rivative terms, we analyze a simple model, a kink in 1 + 1 dimensions
and zero temperature. We evaluate the energy shift from the quantum fl
uctuations about the non-uniform background (i.e. the effective action
) and compare it to the energy from the effective potential. Our resul
ts clearly show that for inhomogeneous configurations it may be inadeq
uate to omit derivative terms and confine oneself to the effective pot
ential. We then couple the kink field to an additional scalar field an
d perform the same comparison. The addition of the second field allows
us to vary the mass of the fluctuations and their coupling to the und
erlying kink. If the mass of the second field is large, it does not fe
el the inhomogeneities in the kink field and consequently does not giv
e rise to important derivative corrections in the effective action. In
contrast, if the mass is small, derivative terms are significant and
the effective potential fails. In the latter regime we can, however, r
ely on the Born approximation to calculate the effective action.