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The research project WWWforEurope undertakes to lie the theoretical and empirical foundations for the embarkment on a new socio-ecological growth path in Europe. The new path underlines the need to guarantee Welfare as a broad universal principle for its population, assuring economic and social...
Persistent link: https://www.econbiz.de/10010431693
The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …
Persistent link: https://www.econbiz.de/10011255754
convergence. We apply three approaches to convergence – -convergence, σ-convergence and quantile-convergence (q-convergence), to … countries of the given sample tend to form convergence clubs in the relevant years. The analysis is run for the sample consisted …
Persistent link: https://www.econbiz.de/10011257844
focuses on the problem of suppose technology convergence (or divergence) among nations. The author implements and verifies the … hypothesis on β-convergence, as well as on the quantile convergence. The analysis is run for the sample consisted of 145 …
Persistent link: https://www.econbiz.de/10011260561
Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a … estimate a typology of the convergence process in the European area. Taking into account the existing differences among sectors … the strategies oriented to achieve a real convergence in EU and further in Adriatic-Balkans region. In this way, we can …
Persistent link: https://www.econbiz.de/10009132737
The paper interprets the growth and convergence experience of three Central-Eastern European economies (the Czech …
Persistent link: https://www.econbiz.de/10009224857
analysis uncovers a complex pattern of divergence and convergence for these componentsÕ evolution. Development is not a smooth …) Absolute divergence/convergence for the HDI components is decomposed using simultaneous growth regressions including a full set …
Persistent link: https://www.econbiz.de/10008673311
There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …
Persistent link: https://www.econbiz.de/10011039188
This paper looks at the experience of South East Europe which -- for the purposes of this paper -- includes the former states of Yugoslavia except for Slovenia (i.e. Croatia, Serbia-Montenegro, Bosnia-Herzegovina, and Macedonia), Albania, and the two EU candidate countries, Bulgaria and Romania....
Persistent link: https://www.econbiz.de/10009649586
A popular methodology of studying spatial income inequality is analysis of beta-convergence (i.e. an inverse … growth theory predicts income convergence among economies (countries or regions within a country), and that beta-convergence …
Persistent link: https://www.econbiz.de/10010604579