2010/11) by estimating cross section equations for unconditional and conditional beta (β) convergence and sigma (σ …) convergence across thirty two regions (twenty-eight States and four Union Territories). There is no evidence of unconditional … convergence, but weak evidence of conditional convergence controlling for population growth; credit growth; male literacy; the …

convergence. Specifically, treating technology as sector-specific and modelling technological spillovers as a positive function of … an "extended" convergence equation. The latter is then estimated by means of Panel Data procedures and data on the … Italian regions over the 1970-1995 period. The results bring empirical support to our approach. -- Convergence ; Technology …

This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special … attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence … kernel-density estimates. We find that convergence took place before 2000, slowed down substantially between 2000 and 2003 …

We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of … extremely flexible on order to model a large number of transition paths to convergence. We find regional clusters in consumer … indicate the existence of three convergence clubs without strong regional linkages; Italy and Germany are not converging to any …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …. All in all we cannot reject convergence of ULC growth in EMU, however, country-specific deviations from the rest of the …

area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of … are much less important in explaining the variance of ULC growth. We report evidence for convergence clusters in all …

percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … rate of convergence remains low, with current growth differentials halving the productivity gap only after over 100 years …. Behind the low average pace of convergence lies considerable diversity among groups of countries converging toward different …